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BMW i Ventures makes strategic investment in electric bus company Proterra; part of $55M round

Green Car Congress

Electric bus manufacturer Proterra has closed a $55-million Series 6 round, on the heels of an oversubscribed $140-million Series 5 in January. For BMW i Ventures, this represents its first investment in heavy-duty electric vehicle manufacturing underscoring the transition to electric mass transit.

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BMW Delivers 40 Electric MINI E Cars for UK Trial

Green Car Congress

BMW handed over forty electric MINI E cars to their test drivers on Sunday—all members of the public—in the start of two consecutive six-month field trial periods which will evaluate the psychological, social and technical aspects of living with an electric car. Components of the MINI E powertrain. Click to enlarge. The MINI E.

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Wanted: Electric MINI test drivers

Green Cars News

Accounting for current development and manufacturing costs, the monthly lease fee for a MINI E would normally be priced at £550 per month. However, earlier this year a BMW Group-led consortium was awarded part of a £25m fund by the Technology Strategy Board, the Government-backed organisation that promotes technology innovation across the UK.

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