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BMW, Jaguar Land Rover will together create electric car components

BMW said it will build up its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, disclosing one more industry alliance designed to lower the expenses of creating electric cars.

“Together, we have the opportunity to cater more effectively for customer needs by shortening development time and bringing vehicles and state-of-the-art technologies more rapidly to market,” BMW Group research and development boss Klaus Froehlich said in an announcement.

BMW intends to have 12 full-electric models by 2025. Presently the BMW brand’s sole battery-powered model is the i3 hatchback. Jaguar Land Rover’s first EV is the Jaguar I-Pace.

BMW and Jaguar Land Rover said they will spare expenses through shared development, production planning and joint buying.

A joint team of BMW and Jaguar Land Rover specialists situated in Munich will be tasked with further building up BMW’s fifth – generation eDrive technology that will make a big appearance this year on the iX3 battery-powered SUV. The X3 variant will be worked in China and exported to the U.S. and Europe.

The two organizations will produce electric drivetrains in their own manufacturing facilities, BMW said.

Nick Rogers, Jaguar Land Rover’s engineering director said: “We’ve proven we can build world beating electric cars but now we need to scale the technology to support the next generation of Jaguar and Land Rover products.”

Jaguar Land Rover is still kept running by former BMW managers, including Ralf Speth the organization’s CEO who went through 20 years at BMW before joining JLR, and Wolfgang Ziebart, the engineer who designed the iPace. Ziebart is a previous board member in charge of improvement and BMW.

BMW as of now has a deal to supply a 8-cylinder engine to Jaguar Land Rover.

Jaguar Land Rover said it would increase endeavors to cut expenses after it posted a $4 billion misfortune not long ago, hit by a downturn popular for SUVs in China and a regulatory clampdown on diesel emissions.

BMW purchased Britain’s Rover Group, which incorporated the Jaguar and Land Rover brands, for 800 million pounds in 1994. BMW sold Jaguar Land Rover to Ford in March 2000 for $2.7 billion. In 2008 India’s Tata Group purchased Jaguar and Land Rover from Ford for $2.3 billion.

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