Tag: bmw
BMW takes the wraps off the i4, its first all-electric sedan
BMW plans to have 25 electrified cars in its lineup by 2025 and it’s taking a few more steps in this direction this year with the launch of the all-electric iX SUV and the i4 sedan. Today, for the first time, the German automaker shared a few more details of…
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Eying sustainability gains for its supply chain, BMW backs Boston Metal’s CO2-free iron production tech
BMW has joined the cohort of investors that are backing Boston Metal’s carbon dioxide-free production technology for steel. The Boston-based startup had targeted a $50 million raise earlier in the year, as TechCrunch reported, and BMW’s addition closes out that round, according to a person familiar with the company. Through…
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Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption
Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED light, which has slashed hundreds of millions of tons of…
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LA-based Metropolis raises $41 million to upgrade parking infrastructure
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder…
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Sila Nanotechnologies raises $590M to fund battery materials factory
Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler. Now, Sila Nano,…
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Audi and BMW shut down car subscription programs
More car subscription services are running into trouble. According to Autoblog, Automotive News has learned that Audi and BMW are respectively ending and pausing their services. Audi is winding down its Select program on January 31st with no mention… Source
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