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BMW is going to spend further on autonomous driving, electric cars

BMW is going to spend further on autonomous driving, electric cars. Referring to Peter said the Inc. would allocate “an increasing amount” to study & Growth after spending six.one bn euros in 2017, an promote of a bn euros. It made eight.seven bn euros Internet profit final year, up 26 %. Revenues rose four.eight % to a record 98.seven bn euros. They are in a race by cash-rich technology companies like Waymo & Uber to develop autonomous cars, although which technology remembers in the Analyzing phase, as underlined by a fatal crash Sunday in Arizona involving an autonomous Uber Analysis car.
chief executive officer Harald Krueger said the added costs to its steel & aluminum tariffs would be in the low double-digit millions.

BMW going to spend further on autonomous driving, electric cars

The logo of German vehicle industrialist BMW is pictured on its seven vehicle prior to the earnings press conference in Munich, Germany, Wednesday, March 21, 2018. Peter said the Inc. It will allocate “an increasing amount” to study & Growth after spending six.one bn euros in 2017, an promote of a bn euros. BMW made eight.seven bn euros Internet profit final year, up 26 %. Revenues rose four.eight % to a record 98.seven bn euros. chief executive officerHarald Krueger said the added costs to BMW of the steel & aluminum tariffs would be in the low double-digit millions.

 

BMW
BMW

 

BMW is shifting its focus to electric & autonomous cars

As declared it is the newest motor Inc. shifting its focus to electric & autonomous vehicle technology, the Associated Press reports. After receiving a income boost from U.S. tax cuts, Chief Financial Officer Nicolas Peter said the Inc. going to allocate an “increasing amount” of income to study & Growth for the Fresh technologies. The reason it matters: When BMW’s interest in autonomous & electric cars is not Fresh, the declaration comes on the heels of a pedestrian being struck & killed with a self-driving Uber vehicle earlier this 7 days.

 

 

collected by :Elizabis Ethan

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