BMW and JLR team up for EV push

By @Ellec on Fri, 07th of June, 2019 at 10:06AM ET

Jaguar Land Rover (JLR) and BMW have announced that they are embarking on a partnership to help them develop the next-generation of electric vehicles (EVs).

The British and German premium carmakers said in a statement issued today (June 5) that the collaboration will help them manage the transition towards a future of autonomous, connected, electric, shared (ACES) mobility.

“Joint investment in research and development, engineering and procurement will provide the necessary economies of scale to support increased consumer adoption of electric vehicles,”
the statement said.

The move comes as manufacturers of all sizes form alliances which will see them pool their resources to try and increase their chances of survival amid the global drive towards vehicle emissions reductions through electrification.