Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to potential investors to… Continue reading BMW Alums’ China Electric-Car Maker Seeks $400 Million
Tag: BMW
BMW boss Harald Krüger: “Maybe some underestimated me”
As BMW chairman of the board for the last three two years, Harald Krüger was faced with many challenges during his tenure, from the industry-wide diesel issues in Europe to electrification of the fleet and fierce competition from new and old automakers. However, in an interview with the German Manager Magazin that the 53-year-old Krüger… Continue reading BMW boss Harald Krüger: “Maybe some underestimated me”
China: BMW alums’ electric car startup said to seek $400m in funding
January 20, 2018 Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to… Continue reading China: BMW alums’ electric car startup said to seek $400m in funding
Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
Ever since Tesla launched its own ‘Tesla Energy’ division to address the energy storage and generation side of the electric vehicle revolution, several automakers have launched similar programs. Audi becomes the latest with its ‘Smart Energy Network’. Home Solar Power The program is currently being tested in a pilot project in households located in the… Continue reading Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
2018 Kia Niro Plug-In Hybrid charging at Crevier BMW, Santa Ana, California, Dec 2017 Enlarge Photo One of California’s largest electricity producers recently published a white paper that analyzed how the state will achieve its 2030 greenhouse-gas targets—and it called into question targets set forth by California regulators. Specifically, Southern California Edison (SCE) said the… Continue reading Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
Mini opens the fourth edition of Urban-X, the accelerator of ‘startups’ to improve urban life
Published 1/19/2018 11:22:27 CET MADRID, Jan. 19 (EUROPA PRESS) – The automotive firm Mini has launched the fourth edition of Urban-X, an accelerator of ‘startups’ aimed at improving life in large cities, in which, every six months, the brand invests 100,000 dollars (more than 81,000 euros ) in up to ten companies, the company said… Continue reading Mini opens the fourth edition of Urban-X, the accelerator of ‘startups’ to improve urban life
Daimler, Bosch hit by walkouts in sector-wide labour dispute
FRANKFURT (Reuters) – Some 44,000 German workers at companies including Mercedes maker Daimler (DAIGn.DE) and automotive supplier Bosch [ROBG.UL] took part in industrial action on Thursday as powerful labor union IG Metall and employers held regional wage talks. Citing robust German economic growth and record low joblessness, IG Metall union is demanding 6 percent more… Continue reading Daimler, Bosch hit by walkouts in sector-wide labour dispute
BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin
FRANKFURT (Reuters) – BMW (BMWG.DE) aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin. “In 2020 we will be the No.1 in terms of unit sales again. I am holding my team to that target, even if it won’t be a walk… Continue reading BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin
BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”
All articles and backgrounds 01/18/2018 BMW CEO Krüger attacks Mercedes “2020, we will be number one again in sales” AFP BMW boss Harald Krüger The BMW CEO Harald Krüger has announced the competitors Mercedes the loss of the top spot. “In 2020, we will again be the number one in sales and I will commit… Continue reading BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”
Car Entertainment: Carplay in the BMW just to get a subscription
CarPlay is only available for a monthly fee (Image: BMW) BMW demands for the Carplay supportthat customers buy a navigation system and complete a paid subscription to use Apple’s mobile interface. Carplay displays important information of selected iOS apps on the internal vehicle display. In addition, motorists can use Siri to call someone, listen to… Continue reading Car Entertainment: Carplay in the BMW just to get a subscription