BMW to Overhaul Electric Car Department in Favor for Self-Driving Vehicles
After experiencing very lackluster sale numbers on their first electric car offering, BMW is going full gear on their research and development. The aim is to focus a great number of their manpower into enhancing their battery-powered cars.
According to Reuters, BMW sold a mere 25,000 units of their i3, its first fully battery-powered car. Meanwhile, Tesla already has a recorded 350,000 pre-order of their upcoming Model 3. It is because of these numbers and other tough competitors, the likes of Audi and Porsche, that BMW will be ordering their research and development to focus on enhancing the self-driving capabilities of their electric vehicles.
The publication spoke with one of the company's board members, Klaus Froehlich, who shared that BMW is expecting to increase the percentage of their software engineers from 20% to 50% within the next five years. Hiring more software engineers should prepare the company well enough for the release of its fully self-driving electric-powered flagship model, which it plans to release in 2021.
Froehlich is excited at the possibilities, which autonomous driving can provide. He divulged that the company could launch a ride-hailing business in the future and that self-driving vehicles will negate the necessity to hire drivers. This should give BMW an edge over current ride-hailing companies like Uber.
BMW is aware, however, that it might need to partner up with a current player and they are looking into the Chinese market for this. According to Froehlich, "China is extremely fast [at] implementing technology. Last year, more electric cars were sold in China than in all the other global markets combined."
Meanwhile, CNet has reported that BMW is currently trying to enhance their current i3, which is set to be launched by 2018. Along with the new i3, BMW's CEO has confirmed that the company is already developing its i8 Roadster.
Tesla Partners with Samsung, LG and SK Batteries to Decrease Supply Risks
Tesla Motors has had a long standing partnership with Panasonic Corporation when it comes to the supply of their car batteries. However, to decrease risks, Tesla is looking at other options.
Tesla CTO Confirms Breakthroughs on Electric Vehicles' Battery and Self-Driving Technology
Tesla’s Chief Technology Officer and Co-Founder, JB Straubel, was a speaker at the recently concluded Transport Forum. He spoke about energy cars, improving existing batteries and autonomous driving.
Tesla Gigafactory to Open in July
Tesla released invites to the opening of their Gigafactory, which will be held on the night of July 29.
BMW Is Set To Unveil Its Tesla Model 3 Competitor In September
Elon Musk has said that the entry-level Model 3 will cost $35,000. While a BMW Series-3 vehicle can be had for as little as $33,000. That said, if BMW’s entry-level can compete with the Model 3 on features and on specs.
Tesla Outmatches BMW, Nabs World’s Fourth Most Valuable Automaker Spot
A few months after besting Ford and General Motors, Tesla has now overtaken BMW as the fourth most valuable car manufacturer in the United States.
MORE IN ITECHPOST
How Scars are Formed and How to Remove It
Scar formation is a result of a biological process in skin after an injury or trauma. It is formed when the dermis layer of the skin is damaged. It is our body's way to repair tissues and organs and is a natural part of the healing process. A scar tissue is composed of the same type of collagen it is replacing with. Scars lacks elasticity compared to normal tissue. There are different degrees of scarring depending on the injury the tissue is subjected to.
Choice of Right Tools To Practice Forex Trading
Simply put, Forex trade is the exchange of national currencies between two entities at an agreed, fixed rate. The entities can be individuals, companies or central banks, and the rate is always dynamic—it keeps fluctuating all the time.
Astronomers Discover 'Monster' Galaxy Lurking in Distant Dust Clouds
UMass Amherst, Arizona, Australian team finds new evidence for huge deep space objects
'The Outer Worlds' Pre-Order Guide Plus Game Details Roundup
"The Outer Worlds" is only days away, and fans can pre-order the game.