BMW

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BMW Investing $1.7 Billion into Building EVs, Battery Cells in U.S.

BMW is investing $1.7 billion into U.S. operations at its Spartanburg, South Carolina plant, according to a press release shared on Wednesday by the automaker. The funding will be used to retrofit the factory to produce electric vehicles (EVs), $700 million of which will be used to build a nearby battery plant in Woodruff, while […]

BMW to Invest Over $1 Billion to Electrify Steyr, Austria Plant

Electric vehicles (EVs) are gaining traction, with many major automakers announcing huge investments to outfit production facilities for electrification. BMW announced plans to invest one billion euros ($1.05 billion USD) by 2030 into its Steyr, Austria car assembly plant, for the development and production of next-generation EV powertrains, according to a statement from the automaker […]

BMW Unveils All-Electric iX1 Compact Crossover

Luxury automaker BMW has a goal of doubling electric vehicle (EV) deliveries this year to 200,000, and in a new step in that direction, the company officially plans to put a new EV into production later this year. BMW unveiled its iX1 xDrive30 all-electric compact crossover, set to be a direct competitor with Tesla’s Model […]

2023 BMW i7 Electric Sedan Pricing from $119,300 in the US

BMW will unveil the electric i7 xDrive60 in U.S. markets, with the launch expected to take place in Q4 of this year, according to a press release shared on Wednesday. The 2023 BMW i7 xDrive60 is estimated to have around 300 miles according to tests conducted by the automaker. It’s the electric version of its […]

BMW Plans to Double All-Electric Deliveries to 200,000 in 2022

BMW Sales Chief Pieter Nota last week told Automotive News that the company’s electric vehicle (EV) sales were seeing significant growth and that the German automaker plans to double global EV deliveries to 200,000 units this year. EVs were a “big growth driver” for BMW in 2021, during which the luxury car brand made an all-time […]

First All-Electric Rolls-Royce Revealed: ‘Spectre’ Coming in 2023

BMW-owned Rolls-Royce announced its first all-electric vehicle, unveiled as Spectre, will launch in the fourth quarter of 2023. The new Spectre EV two-door coupe is set to start on-road testing, set to cover 2.5 million kilometres, or what the company says is simulation of “400 years of use.” Rolls-Royce called today the “most significant day” […]

2022 BMW i4 Unveiled: All-Electric Gran Coupé Sedan with 530 HP

BMW has been quick to share its confidence in recent months, as it moves into a world of electric vehicles (EVs), even doubting Tesla just prior to the release of its first production sedan. BMW updated its website with the upcoming i4 model on Wednesday, unveiling a completely-electric Gran Coupé design set for release from […]

BMW CFO ‘Sleeps Very Peacefully’ Despite Looming Apple Car Threat

German automaker BMW is well slated to handle an electric future, according to Chief Financial Officer Nicolas Peter in a recent interview. Even with threats of Apple, the world’s most valuable company, and its upcoming autonomous car entering the auto market, Peter says he’s still sleeping at night, reports Bloomberg. When asked about Apple, Peter […]

BMW i8 Replacement Cancelled in Light of Coronavirus

image via Car and Driver The coronavirus outbreak continues to cause trouble for electric vehicle manufacturers around the world. While companies such as Tesla Inc. have been the focus of many coronavirus-related news stories as of late, BMW has just announced some troubling news of their own. Due to complications caused by the coronavirus, BMW […]

BMW Cancels the U.S. Launch of its iX3 Electric SUV

BMW recently announced that they will not be releasing the iX3 in the United States. There has been lots of speculation surrounding the source of the decision. In their official statement, the company does not have plans to bring the vehicle to the US market. As most observers think, the demand for the BMW electric […]