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Recent Articles

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BMW i Ventures invests US$16.1M in electric motor technology startup DeepDive; DeepDrive has developed a cost and resource efficient dual-rotor motor that extends the range of electric vehicles and plans to bring the technology to production by 2026

BMW Austria reports 2022 revenue up 15% year-on-year to €7.6B as overall car market declined 10.3% from a year ago to 215,050 units; BMW registered 16,316 registrations in 2022, holds Austrian market share of 8.6%

BMW partners with Valeo to develop fully automated Level 4 parking technology for use in public, private parking lots; technology could allow vehicle to find a spot and park without a driver

BMW to launch X1-based X2 in UK by the end of 2023; vehicle will be built on FAAR platform at BMW’s Regensburg, Germany, plant and is expected to use updated version of 302bph turbocharged 2.0-liter engine

BMW reports it should hit its goal of all-electric vehicles accounting for 50% of sales ahead of the 2030 target date; BMW may also begin production of hydrogen fuel cell-powered car by mid-decade

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