BMW makes huge investment in new technology

The continued onslaught of new Chinese models each pushing the boundary of new technology at a lower price has really made the established car makers sit up and take notice. BMW is the latest car maker to announce a massive investment in new technology with a $17.8 billion dollar investment in new and updated high tech electric models. The radically styled high tech electric models are said to offer an extended driving range of up to 800km. First all-new model is the 2026 IX3 SUV sitting on a dedicated electric car platform unlike the current model which is a petrol car converted to run on batteries. The new iX3 to be built at a new factory in Hungary will spearhead a new family of BMW models with longer ranges, super brain computers, super fast charging, all new styling with narrower kidney grilles and more interior room.See omnystudio.com/listener for privacy information.