Automotive Industry: Major Players: Difference between revisions

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 * The concept also has a software that process voice commands and hand gestures, the most desired tastes in China<ref name=":32" />.
 * CEO Zipse said the Vision Neuw Klasse will be more profitable than their other EV models<ref name=":33">https://www.bloomberg.com/news/articles/2023-09-02/bmw-ceo-sees-profit-boost-from-next-generation-electric-cars</ref>.
-* The Vision Neue Klasse model will have a range of 800 kilometers (497 miles) and charge from 10% to 80% in under half an hour, which is not so impressive compared to that of its competitors eg Mercedes-Benz EQXX prototype that drove 1,000 kilometre on a charge<ref name=":32" />.
+* The Vision Neue Klasse model will have a range of '''800 kilometers''' (497 miles) and '''charge from 10% to 80% in under half an hour''', which is not so impressive compared to that of its competitors eg Mercedes-Benz EQXX prototype that drove 1,000 kilometre on a charge<ref name=":32" />.
 * BMW also announced six models that include SUVs and sedans<ref name=":28">https://finance.yahoo.com/news/munich-auto-show-highlights-chinas-191100190.html</ref>.
 * The models have '''30% longer range and 30% shorter recharging time''' compared to existing EV models<ref name=":28" />.
-* These models will come to the market in 2025.
+* These models will '''come to the market in 2025.'''
 * '''BMW wants to increase the share of its EVs to 15% by the end of 2023'''<ref name=":35">https://techcrunch.com/2023/08/03/bmw-is-pumping-more-cash-into-evs-than-originally-planned/#:~:text=BMW%20aims%20for%20its%20share,mobility%2C%E2%80%9D%20according%20to%20Bloomberg.</ref>'''.'''
 * BMW CFO told Bloomberg that it's “investing more than originally planned in the global ramp-up of e-mobility.” In Q2 2023, R&D rose 19% year-over-year to $2 billion<ref name=":35" />.
 * BMW wants its EV share to be 25% by 2025 and 33% by 2026 and is forecasting to reach 50% share well ahead of the planned 2030<ref>https://europe.autonews.com/automakers/after-doubling-sales-full-electric-bmw-and-mini-cars-last-year-automaker-expects-demand</ref>.
+* The Vision Neue Klasse concept is also '''futuristic.'''
+* The model will initially be built at BMW’s new factory in Debrecen.
+* '''Debrecen plant is expected to be completed by 2025, will have production capacity of 150,000 units a year, and will be used for purely electric vehicles'''<ref>https://www.press.bmwgroup.com/global/article/detail/T0395455EN/foundation-stone-laid-for-state-of-the-art-plant-in-debrecen?language=en</ref> .
 ==== Winners of the 2023 IAA mobility conference ====