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

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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BMW Group makes sustainability and efficient resource management central to its strategic direction

Green Car Congress

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. I firmly believe the fight against climate change and how we use resources will decide the future of our society—and of the BMW Group. As a premium car company, it is our ambition to lead the way in sustainability.

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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

Consumer Reports has concluded its annual car reliability survey and the resulting data for 2023 has not been kind to all-electric vehicles. For 2023, CR reported that EVs had 79 percent more problems than automobiles that use internal combustion. Plug-in hybrids were even worse with 146 percent more issues.

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R?sselsheim Engineering Center developing next four-cylinder gasoline engine generation for Groupe PSA; optimized for hybrids

Green Car Congress

The Rüsselsheim Engineering Center will take on the global responsibility for the development of the next-generation of high-efficiency gasoline engines for all Groupe PSA brands (Peugeot, Citroën, DS Automobiles, Opel and Vauxhall). Market-introduction will begin in 2022. Market-introduction will begin in 2022.

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Groupe PSA and Nidec form JV for automotive traction motors

Green Car Congress

Groupe PSA and Nidec Corporation, through Nidec Leroy-Somer Holding, will form a joint venture in the field of electric traction motors. Groupe PSA has made the strategic choice to anchor the design and production of the main components of the electric traction powertrain in France. billion) in 2030. billion) in 2030.

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Toyota commissions Yamaha to develop hydrogen-fueled 5.0L V8; follow-on from Nov 2021 announcement

Green Car Congress

liter V8 engine for automobiles that is fueled entirely by hydrogen. Hydrogen: not a stand-in for gasoline. Yamaha began developing a hydrogen engine for automobiles about five years ago. Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter We are working toward achieving carbon neutrality by 2050.

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Volkswagen Group receives 2015 KS Energy and Environment Prize for the Golf GTE and Audi A3 e-tron PHEVs

Green Car Congress

The German automobile club Kraftfahrer Schutz e.V. (KS) KS) awarded the 2015 Energy and Environment Prize to the Volkswagen Group for the plug-in hybrids Golf GTE ( earlier post ) and Audi A3 e-tron ( earlier post). which was founded in 1935, is one of the larger German automobile clubs with around 520,000 members.