BMW and Jaguar Land Rover (JLR) have joined forces to develop electric vehicle technologies. The rival automobile companies are seen to be the “dream team” for motor enthusiasts. This partnership between the UK and German firms is also aiming to lower costs of volume production. The fifth generation of BMW’s electric motor will be the heart of the team.
Together with @jlr_news we are joining forces to develop next generation #electric drive units in a move that supports the advancement of #electrification technologies necessary to transition to an ACES future. Read more at https://t.co/j6YnMDgrS9 pic.twitter.com/pSF6Rg2ZqV
— BMW Group (@BMWGroup) June 5, 2019
The automobile giants are working together to develop electric motors, transmissions and power electronics. The team is also aiming to lower costs of volume production and get ahead in the race of electric vehicles.
Both companies will jointly develop the required technology. This will, eventually, reduce the R&D cost on the project. Although, recently, both the firms have struggled to keep up with the profit margin. This came amidst falling sales, higher costs, and the need to invest in future technologies.
Will Jaguar Land Rover and BMW give the fight to present forerunners?
The present forerunners in the electric vehicle market, like Tesla, have a strong foothold in the market. Sure, JLR and BMW are big names, but they’ll still have to make the sales skyrocket.
India itself is seeing striking strides in the electric vehicle market. The cab service, Ola, recently opened up Ola Electric. The idea is so important and necessary for a country like India, that they even have Ratan Tata on board. To know more about, follow: Ola Electric now drives with Ratan Tata on board
BMW has been working on electric motors in one housing called “Gen 5” of its “eDrive” technology. This will be the heart of the team.
The joint team, with its engineers, will further develop Gen 5 in Munich. Then both companies will produce their own electric drivetrains, said BMW.