Remove Automobile Remove Financing Remove Gasoline-Electric Remove Technology
article thumbnail

BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The ability to integrate diverse technologies to form a complete system is vitally important. Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. —Nicolas Peter, Member of the Board of Management of BMW AG, Finance. —Oliver Zipse.

BMW 291
article thumbnail

Study: EVs cannot succeed without developing parallel supercharging networks

Green Car Congress

Electric vehicles cannot succeed without developing a nationwide network of fast-charging networks in parallel with the cars. Other automakers are collectively investing $200 billion in their new electric models. —Hemant Bhargava, a professor of technology management at the UC Davis Graduate School of Management.

Davis 334
article thumbnail

EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Consumption of gasoline in China grew from 0.9 China vehicle sales and gasoline consumption. The national target for cumulative production and sales of electric and plug-in hybrid vehicles is 500,000 units by 2015. For electric vehicles, subsidies from the central government are often matched by local subsidies.

article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. China has made big progress in electric car technologies but still lags behind other countries in certain areas, said the report.

article thumbnail

Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

More than half of this (57%) will be invested in Germany alone; investments in the German locations will focus on alternative drives, new generations of diesel and gasoline engines, and new generations of Volkswagen’s innovative direct shift gearboxes. We shall continue to extend our innovation and technology leadership. —Prof.

2016 210
article thumbnail

Unlocking the Power and Luxury of BMW: A Comprehensive Guide to the Ultimate Driving Experience

Baua Electric

In this comprehensive guide, we will unlock the secrets behind the BMW brand, showcasing its iconic models, cutting-edge technology, and unrivaled driving dynamics. We’ll delve into the advanced features that make BMW a leader in automotive innovation, from intuitive infotainment systems to state-of-the-art safety technologies.

BMW 52
article thumbnail

Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America.

Hyundai 105