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BMW’s head of influential work council said that they must head toward a technology platform specifically for electric cars, moving away from only developing cars that can be refitted with either electric or combustion engines.
"Only with our own e-architecture can we fully exploit the advantages of an electric vehicle," Manfred Schoch told Der Spiegel magazine.
Schoch said that if the German luxury carmaker were to have its own dedicated electric platform, it could prevent it from being overtaken by competitors from California and China.
Spiegel magazine said that Schoch’s call comes after BMW managers have pushed for a new electric strategy internally for some time. The managers hoped that the company could shift to develop a pure e-platform, making their cars lighter for a longer battery range and a bigger interior.
When asked about the report, a BMW spokesperson said that the company was currently "optimally positioned" and declined to comment on speculation about internal discussions.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
Chinese tech giant Tencent said on Thursday that it had purchased Malaysian video streaming platform Iflix’s “content, technology, and resources” in order to further grow its presence in Southeast Asia. Tencent said in a ...
On Wednesday, American computer manufacturer Micron Technology Inc (MU.O) raised its revenue forecast to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion for the third quarter. The company's shares jumped to 3.7% in ...
General Electric’s (GE.N) aviation unit revealed plans on Monday to slash its workforce by 25% or roughly 13,000 jobs this 2020. It includes voluntary and forced layoffs due to delayed reduction plans for aircraft amid the virus outbreak. “The ...
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