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BMW Board Member Says the Automaker Intends to Cut Production Costs 25% by 2025

BMW Board Member Says the Automaker Intends to Cut Production Costs 25% by 2025

German automaker BMW intends to slash production costs per vehicle by 25% over the next four years in order to become more competitive with Tesla, Daimler and Volkswagen. Automakers like BMW are finding themselves in a tough spot of maintaining their profit margins producing gas-powered vehicles while simultaneously investing billions to develop new electric models.

FutureCar Staff 2021-06-21 13:30 PT

BMW Releases Pricing, Specs for 2022 i4 and iX EVs

BMW Releases Pricing, Specs for 2022 i4 and iX EVs

BMW’s finally ready to provide some specifications and figures for the U.S.-bound versions of the i4 sedan and iX SUV. Pricing for the i4 will start at $56,395, while the iX will cost $84,195.

Vineeth Joel Patel2021-06-07 07:30 PT

BMW’s ‘Digital Key Plus’ With Ultra-Wideband Technology is Coming to the Electric iX SUV

BMW’s ‘Digital Key Plus’ With Ultra-Wideband Technology is Coming to the Electric iX SUV

Automaker BMW announced that its new Digital Key Plus, which uses ultra-wideband (UWB) technology, will launch with the upcoming BMW iX​ for the Apple iPhone. It replaces the common RFID key fob for the vehicle. Apple’s U1 chip also supports ultra-wideband positioning, so the BMW iX and iPhone have the ability to determine each other's precise location once they are in close proximity.

FutureCar Staff 2021-01-13 17:15 PT

BMW Unveils the Electric iX SUV - New Competition For Tesla

BMW Unveils the Electric iX SUV - New Competition For Tesla

German automaker BMW also has big plans to build electric vehicles, which is no secret. On Wednesday, the automaker revealed its new fully-electric iX SUV aimed at luring buyers away from Tesla. The electric iX will enter a fast-growing field of new battery-powered SUVs from Audi, Ford Motor Co, General Motors and others.

FutureCar Staff 2020-11-12 15:00 PT