BMW Group Investing $1.7 Billion To Build EVs And Batteries In The US
BMW Group will spend $1 billion to manufacture Neue Klasse electric models in Spartanburg and another $700 million on a nearby battery plant.
BMW Group will spend $1 billion to manufacture Neue Klasse electric models in Spartanburg and another $700 million on a nearby battery plant.
BMW recently invested in a new battery technology start up, called Our Next Energy (ONE) to create more sustainable EV batteries.
BMW i Ventures announced the second venture capital fund, aimed at supporting new efforts related to creating a sustainable future
BMW i Ventures recently invested in Kodiak Robotics, a company that makes self-driving tech for long-haul trucks.
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BMW's strategic investment arm, BMW i Ventures, announced a new stake in U.S.-based robotics company, Plus One Robotics.
As more and more of the world comes online and becomes automated the threat of cyber crime is preoccupying tech...
BMW i Ventures has announced an investment in Mapillary, the leading street-level imagery platform for extracting map data using computer vision.
BMW will increase its research and development costs next year, looking to invest $8 billion in R&D programs to keep the company competitive.
The BMW board is looking for ways to save money to invest into the EV push it's part of and one way to do so will be to cut funds from the supply chain.