German carmaker BMW signed a battery-supply contract worth €2 billion with Swedish manufacturer Northvolt this week, in the latest example of Europe’s big auto firms preparing to ramp up electric vehicle production.
While the European Union has set a limit of 95g/km for new vehicles, with one year to go before the deadline, manufacturers are stagnating at 122g/km according to AAA Data. EURACTIV's partner le Journal de l'environnement reports.
BMW and Volkswagen face possible hefty fines after EU antitrust regulators on Friday (5 April) charged the German carmakers and whistleblower Daimler with colluding to block the rollout of clean emissions technology.
Technological advances, in connectivity and automation, create new opportunities to eliminate or compensate for human error. Automated driving holds great potential to further improve road safety in the near future.
BMW will invest 1 billion euros ($1.17 bln) to build a new plant in Hungary at a time when a rise in protectionism is forcing carmakers to curb inter-continental exports and to refocus production networks to serve regional trading blocs.
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