Chinese electric vehicle industry boom: A boost to the Western economy
A brief history of the automotive industry and the advent of electric vehicles Undoubtedly, exports bolster a country’s economy, and automobiles are the most beloved among the export categories. For perspective, it was through automobile exports that Germany and Japan gained advanced industrial economy status. The first gasoline-powered commercial car in the world was launched […]
AMPECO raises USD 16 mln in venture capital investment
AMPECO has raised a total of USD 16M in venture capital investment after having closed a Series A funding round of USD 13M led by BMW i Ventures. The funding will be used to drive further expansion into North America with a local presence while growing AMPECO’s engineering and product innovation teams. In addition to […]
BMW Group pushes digitalisation with new SAP partnership
The BMW Group will intensify its far-reaching strategic partnership with SAP SE. The aim is to significantly accelerate the digital transformation of the company. This was sealed by both companies on 25 January 2023. The premium manufacturer is building on its cloud strategy to digitalize faster, more comprehensively and more efficiently in the future. The […]
BMW establish closed loop for EV battery resources in China
The BMW Brilliance Automotive joint venture (BBA) has established a closed loop for reuse of the raw materials nickel, lithium and cobalt from high-voltage batteries that are no longer suitable for use in electric vehicles. The batteries come from fully and partially-electric development vehicles, test systems and production rejects and, in the future, also from […]
Veoneer to supply cameras for automated driving in BMW vehicles
The automotive technology company Veoneer has signed an agreement to equip BMW Group vehicles with camera heads for their next generation vision system for Automated Driving. The camera heads support the cooperation between BMW Group, Qualcomm Technologies, and Arriver which was announced in March this year. The high definition 8 MP camera, mounted behind the […]
TVS Motor Company sets a new record with BMW Motorrad
TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, announced the roll out of 100,000 unit of BMW Motorrad’s 310cc series of motorcycles. The motorcycle was rolled out from the TVS Motor’s Hosur facility by KN Radhakrishnan, Director & CEO, TVS Motor Company and Rainer Baumel, Head of Products, 1-, 2-Cylinder […]
