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BMW

BMW plans limited series hydrogen fuel cell SUV in 2022
Business & Finance

BMW plans limited series hydrogen fuel cell SUV in 2022

  • Speaking at the carmaker's annual shareholder meeting, Chief Executive Officer Oliver Zipse said the company plans a small production run of a hydrogen fuel-cell powered x5 SUV next year.
  • Most of the auto industry is focusing its efforts on developing battery-electric cars to meet tightening emission standards in Europe and China.
Published 12 May, 2021 05:35pm
Tesla set for at least 1bn euros in German subsidies
Business & Finance

Tesla set for at least 1bn euros in German subsidies

  • The European Union last week approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries.
  • The EU's approval of the 2.9 billion euro European Battery Innovation project, which includes more than 40 companies
Published 01 Feb, 2021 09:40pm