Have an opinion about this story? Click here to submit a Letter to the Editorand we may publish it in print. Germany's auto industry, which is still reeling from Volkswagen Group's diesel-cheating scandal where the company rigged emissions tests, distanced itself from the organization. The technology remains a key profit driver for German automakers, even as demand gradually slips in Europe, the main market for the diesel models.
BMW's first all-electric car, i3, is unveiled at a ceremony in Beijing July 29, By contrast, Tesla already has more thanorders for its Model 3.
DE is increasing the battery range of its i3 city vehicle by 50 percent this year. Its next full-fledged new electric car model is not due untilbut the Bavarian auto maker is also planning to build a new version of its i3 electric car to be released bya source familiar with the matter said.
O is due to release its Model 3 inand as rivals Porsche and Audi are working on all-electric cars for release by A new BMW flagship model with autonomous driving capabilities will follow in As a result, Froehlich is increasing the proportion of software and technology experts.
Today, software engineers make up just 20 percent of the 30, employees, contractors and suppliers that work on research and development for BMW. It is also integrating the functions of existing computer-driven assistance systems like cruise control, emergency braking, lane-keeping support and automatic parking.
UL] and Lyft, which are eroding car sales by making part-time use as convenient as ownership. Earlier this month, Toyota Motor Corp BMW may partner with a ride-hailing firm, too, particularly in markets like China.
But the Bavarian carmaker is still working on its strategy on potential partnerships with such companies, Froehlich said.
Sales of highly autonomous vehicles - those where permanent active input from the driver is not required - are not expected to take off until But they could then rise to around 9 million a year byaccording to analysts at Exane BNP Paribas.
BMW is also considering expanding in the area of reserving parking spaces and electric car-charging stations over mobile phones, a market which is still fragmented within countries. The carmaker has already invested in ParkNow and Parkmobile, two digital parking and payment services.
This story has been refiled to remove superfluous letter in first paragraph.Copper and base metals markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81, a.
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