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According to foreign media reports, BMW plans to invest 200 million euros (about 237 million US dollars) in a battery research center in Munich in the next 4 years. BMW Board member Oliver Zipse issued a statement on Friday (2017.11.24) saying that by producing battery-cell prototypes, we can analyze and fully understand the value creation process of batteries. With this expertise in production, we can enable potential suppliers to produce batteries in accordance with our specifications. Zipse said: "The expertise gained is very important for BMW, regardless of whether BMW produces its own battery." BMW CEO Harald Kruger said in September that BMW plans to launch 25 electric vehicles, as of 2025. Launched 12 pure electric vehicles.
In September this year, BMW unveiled the i Vision Dynamics concept car at the Frankfurt Motor Show, preheating the upcoming third i-series, which will become a competitor to the Tesla Model 3. BMW said that BMW has achieved a high performance evaluation through the development of the i3 pure electric hatchback and the i8 plug-in hybrid sports car. BMW hopes to upgrade its battery technology to extend the cruising range (parameters, pictures, and inquiry) of pure electric vehicles to 700 kilometers (435 miles) and extend the range of plug-in hybrid vehicles to 100 kilometers. BMW said it will focus on acquiring expertise from different professional departments and locations in the new center, which will open in early 2019.