BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Arjun Kharpal | CNBC MUNICH — BMW will build its semi-autonomous driver assistance system on Amazon’s cloud computing technology, the two companies said Tuesday. The German automaker’s next-generation advanced driver assistance system, or ADAS, will feature… Continue reading BMW to use Amazon cloud technology to build its autonomous driving features for new EVs
Author: CNBC Online news
Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC Munich, GERMANY — The IAA in Munich, Germany is one of Europe’s most high-profile auto shows. And it was dominated by Chinese electric car firms… Continue reading Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
Mercedes and BMW want to take on Tesla. Check out their new electric concept cars
The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars. Mercedes-Benz Mercedes-Benz and BMW took the wraps off electric concept cars as they look to catch up with Tesla in the premium end of the market. At the IAA auto… Continue reading Mercedes and BMW want to take on Tesla. Check out their new electric concept cars
‘We are ready to engage’: Europe’s biggest carmakers brace for China’s EV challenge
BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance | Getty Images Europe’s biggest car manufacturers are wary of the competitive threat posed by new Chinese companies, as the automobile industry moves towards electrification,… Continue reading ‘We are ready to engage’: Europe’s biggest carmakers brace for China’s EV challenge
Li Auto reports record deliveries for August; Chinese EV brands on track to hit third-quarter guidance
Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li Auto delivered enough vehicles in August to keep pace with their third quarter guidance. That’s according to announcements from the three companies, which are all… Continue reading Li Auto reports record deliveries for August; Chinese EV brands on track to hit third-quarter guidance
BMW, Mercedes launch biggest EV push yet to catch Tesla with new models
BMW took the wraps of the Vision Neue Klasse electric vehicle at the IAA motor show in Munich, Germany. It underpins BMW’s big push into electric vehicles. BMW MUNICH, Germany — BMW and Mercedes are making their biggest push yet into electric cars in a bid to fend off rising competition from Chinese players and… Continue reading BMW, Mercedes launch biggest EV push yet to catch Tesla with new models
Mercedes to release a smaller version of its G Class luxury SUV
The Mercedes-Benz G Class is a luxury SUV that has become popular in the U.S. Scott Olson | Getty Images News | Getty Images Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle, the German carmaker’s CEO told CNBC in an interview Sunday. The G Class, a rugged off-road… Continue reading Mercedes to release a smaller version of its G Class luxury SUV
Cruise disputes claim that its autonomous vehicle delayed first responders
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters The company Cruise is pushing back against an accusation from the San Francisco Fire Department, which claims that one of the company’s autonomous vehicles delayed an ambulance after a deadly accident. … Continue reading Cruise disputes claim that its autonomous vehicle delayed first responders
Why auto worker strikes against GM, Ford and Stellantis seem inevitable
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers President Shawn Fain appears ready to fire up the picket lines. The union’s bulldog new leader has repeatedly vowed to drive a hard bargain… Continue reading Why auto worker strikes against GM, Ford and Stellantis seem inevitable
BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era
watch now German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse —… Continue reading BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era