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.
In a move which will enable Tesla Motors to commence the deliveries of its Model 3 Dual Motor and Performance versions to customers, the EPA has recently released its official ratings for the two versions.
Engineering research and consulting firm Munro & Associates has recently revealed that it has completed its teardown and analysis of Tesla’s Model 3 electric car.
The British Vehicle Rental and Leasing Association (BVRLA) has recently committed to a substantial increase in its electric-vehicle (EV) fleet by the year 2025.
The results of a survey conducted by British motoring group AA have revealed that 50% of the youth are eager to own an electric vehicle (EV).
In an official press release, electric vehicle maker Tesla Motors has disclosed the exact numbers pertaining to the production and delivery of its electric cars in the April-June 2018 quarter.
The shares of the Silicon Valley-based electric-car manufacturer Tesla Motors plunged to a 52-week low this week, with the freefall of the company’s stock continuing on Wednesday.