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Source: The Verge BMW has been on a roll lately, selling more EVs in North America than most of its competitors, including fellow luxury brands like Mercedes and Audi. But while most of the automaker’s lineup is soaring, its flagship iX SUV has been struggling to find an audience. BMW only sold 15,383 iX vehicles…
Source: The Verge Lyft said it is acquiring mobility platform FreeNow, giving the ridehailing company its first major presence in Europe after years of operating exclusively in the US and Canada. FreeNow aggregates taxis alongside private vehicles, including luxury rides. The acquisition of FreeNow nearly doubles Lyft’s potential market and will aide the company as…
Source: The Verge President Donald Trump’s 25 percent tariffs on all auto-related imports have been called “a debacle of epic proportions” and a sure-fire way to tank the auto market by crushing demand. Analysts have been predicting everything from $12,000 per vehicle price hikes to the possible “Cubanization” of the US car fleet. Now that…
Source: The Verge While other automakers rethink their plans as the global appetite for EVs slows down, BMW is vowing to stay the course. The German automaker says it still plans to offer an EV in every vehicle segment across all of its brands, including Mini and Rolls-Royce. And most importantly, BMW is investing billions…
Source: The Verge Last November, I strapped into the rear passenger seat of an all-electric, four-door sedan with BMW test driver and 24-hour racer Jens Klingmann behind the wheel. It was a cold day at BMW’s Performance Driving Center in Greer, SC, and beneath the five-point harnesses, roll cage, and heavily camouflaged body, Klingmann had…
