Monday, November 28, 2022
News BMW Chair Confirms New Model Coming. Could Be X8 SUV

BMW Chair Confirms New Model Coming. Could Be X8 SUV

Chair talks new model, Electric cars

  • BMW Chair says new model built in USA revealed later this year

  • Expected to be X7-based X8 sporty crossover

BMW is bringing a new model to market for North America later this year. It will be an addition to the lineup, not a replacement, and it will be built at the company’s facility in South Carolina, says a new report.

BMW Chair Oliver Zipse told CNBC about the news late last week. “At the end of the year, we will make an announcement to build another high-end car from this manufacturing site,” Zipse told CNBC. “It is not a successor model, it’s a brand-new model, high-end for the American market but also for the world market.”

The model is expected to be a new large crossover based on the BMW X7. It may be a crossover-coupe style like the BMW X4 and X6, or may just add some more sporting style to the large crossover with two rows in place of three. The Spartanburg plant is currently home to the BMW X3, X4, X5, X6, and X7, along with the M versions of those models. BMW exports around 70 percent of the vehicles it builds there.

Zipse also talked about the company’s plans for electrification, saying he supported the Biden administration goal to have half the industry electric by 2030, but that he didn’t think current infrastructure would allow the number to be met.

“With today’s infrastructure, we will not get there, but of course we have 10 years time to build up together an infrastructure for charging needs, and so on,” he said. “And I think with the infrastructure goals which the Biden administration set, I think there’s a good opportunity to at least come very close to that market.”



Trending Now

Faraday Future Again Uncertain About its Financial Situation

The EV start-up has been on the brink of bankruptcy a few times before. The company delayed the first deliveries of its FF91...

The First Ultium-Based Buick SUV will be Launched in China by the End of the Year

China is the largest market for the Buick brand. This five-seat SUV will reach its first customers at the beginning of 2023. A...

Hyundai Brings in Designer Giugiaro to Recreate 1974 Pony Concept

Pony Concept was intended to make production Giugiaro helped launch the Hyundai brand Hyundai is partnering with Giorgetto Giugiaro to recreate the car that...

Ford Recalls 634,000 Bronco Sport, Escape Models over Fire Risk

Cracked injectors could lead to fire Fix involves new software, drain tube Ford is recalling more than 634,000 Bronco Sport and Ford Escape models...

Mercedes EVs will Offer a $1,200 Yearly Subscription to Unlock More Power

Mercedes is already offering some features on a subscription basis in China. The power increase will allow a reduction in the 0 to...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.