BMW unveils concept version of iX3 SUV; will manufacture in China
China is major market for electric automobiles and majority of automobile companies have planned vehicles launches for Chinese market. At the 2018 Auto Show being held in Beijing this week, German automaker BMW made two noteworthy announcements indicative of its electric-car efforts.
The first announcement by BMW marked the unveiling of a concept version of its upcoming iX3 SUV --- a fully electric car which will be mass-produced by the automaker for the global market. The BMW iX3 is scheduled to hit the markets in 2020.
With regard to the details about the iX3 SUV, BMW has disclosed that the vehicle, based on the X3 compact SUV, will be equipped with a 70kWh battery pack and will boast compatibility with 150kW fast charging. The all-electric SUV will be packed with 270 horsepower, and will be able to offer a range of 250 miles.
In its second announcement at the 2018 Auto Show, BMW revealed that the iX3 SUV will be manufactured in China. Manufacturing in China will offer low-cost benefits and the company will also save on duty that China has imposed on imported vehicles.
BMW’s decision to produce the iX3 in China underscores the increasing influence which the country exerts on the auto market, particularly the electric-vehicle (EV) market. China is the world’s biggest car market, and presently the largest market for all-electric cars as well. BMW has evidently decided to produce the iX3 SUV in China because the government has recently relaxed manufacturing restrictions on overseas automakers, and is also aggressively pushing to clearout greenhouse gas emissions in the country.
Chinese EV manufacturer BYD has recently announced that it is opening a new battery factory in the Qinghai province in western China.
At the 2018 Beijing Auto Show last week, Chinese manufacturer BYD unveiled its all-electric E-SEED concept SUV. The unveiling of the E-SEED concept came in addition to the company’s introduction of its new Tang plug-in hybrid at the auto show.
South America is still lagging behind in adoption of electric vehicles. Chinese companies are already approaching public transport authorities across the world to offer their electric and hybrid urban mobility solutions.
On Wednesday, German automaker Audi announced at its annual meeting that it plans to build 20 new electrified cars by the year 2025. The automaker also added that most of the planned electrified cars will be battery-powered vehicles.
According to a recent Autocar magazine report, German automaker Volkswagen’s R performance division is presently exploring the possibility of producing performance-centric electric vehicles (EVs) in the future.
Earlier this week, Canada-based car manufacturer Magna International announced that it is forming a joint venture with BAIC subsidiary Beijing Electric Vehicle Company for producing two new premium electric cars in China.