BMW growth across all global markets in the first quarter of 2022 was reflected in the sale of more than half a million vehicles (519,796 units) around the globe.
While BMW uses VC funding to extract lithium for battery cells, GM partners up with another company to source rare earth materials to manufacture EVs.
BMW Group is expanding it manufacturing capacity to make electric drivetrains for 500,000 electrified vehicles per year from 2022 and start producing fifth-generation high-voltage batteries.
Daimler’s carsharing partnership with BMW, Share Now, will expand its footprint using all-electric smart models and combine with different means of transport. Another initiative, the Ready to Share service allows smart owners to share their vehicles privately through the Share Now app.
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