Good article-To The Moon - Tiger Brokers Online Investing Community - To The Moon

4
Comment
Favorite

Keithchang
2021-03-17

Good article

BMW has no plans to produce its own electric vehicle batteries as it looks to ramp up offering

KEY POINTSCEO Oliver Zipse tells CNBC his firm has “strong contracts” with battery suppliers.His com

BMW has no plans to produce its own electric vehicle batteries as it looks to ramp up offering

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

4

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":324285903,"tweetId":"324285903","gmtCreate":1615995054302,"gmtModify":1704789551314,"author":{"id":3573857503779226,"authorId":3573857503779226,"authorIdStr":"3573857503779226","name":"Keithchang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Good article</p></body></html>","htmlText":"<html><head></head><body><p>Good article</p></body></html>","text":"Good article","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/324285903","repostId":1100315531,"repostType":4,"repost":{"id":"1100315531","pubTimestamp":1615994518,"share":"https://www.laohu8.com/m/news/1100315531?lang=&edition=full","pubTime":"2021-03-17 23:21","market":"us","language":"en","title":"BMW has no plans to produce its own electric vehicle batteries as it looks to ramp up offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1100315531","media":"cnbc","summary":"KEY POINTSCEO Oliver Zipse tells CNBC his firm has “strong contracts” with battery suppliers.His com","content":"<div>\n<p>KEY POINTSCEO Oliver Zipse tells CNBC his firm has “strong contracts” with battery suppliers.His comments come after German rival Volkswagen Group said it was aiming to establish several “...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bmw-has-no-plans-to-produce-its-own-electric-vehicle-batteries.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BMW has no plans to produce its own electric vehicle batteries as it looks to ramp up offering </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBMW has no plans to produce its own electric vehicle batteries as it looks to ramp up offering \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/17/bmw-has-no-plans-to-produce-its-own-electric-vehicle-batteries.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSCEO Oliver Zipse tells CNBC his firm has “strong contracts” with battery suppliers.His comments come after German rival Volkswagen Group said it was aiming to establish several “...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bmw-has-no-plans-to-produce-its-own-electric-vehicle-batteries.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/17/bmw-has-no-plans-to-produce-its-own-electric-vehicle-batteries.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100315531","content_text":"KEY POINTSCEO Oliver Zipse tells CNBC his firm has “strong contracts” with battery suppliers.His comments come after German rival Volkswagen Group said it was aiming to establish several “gigafactories” in Europe.TheBMW Grouphas no plans to manufacture in-house electric car batteries, with the German automotive giant’s CEOtelling CNBCthat his firm had a robust network of suppliers to meet its demands.“We have strong contracts with various battery manufacturers from China, from Korea, also from Europe, and that is a very strong network,” Oliver Zipse said.“They will supply us with enough batteries for our ramp up for the next couple of years,” he added. “And for us, there’s no necessity to go into our own production.”Zipse’s comments come shortly after German rivalVolkswagen Groupsaid it wasaiming to establish several “gigafactories” in Europeby the end of the decade.“Together with partners, we want to have a total of six cell factories up and running in Europe by 2030,” Thomas Schmall, CEO of Volkswagen Group Components, said in a statement issued Monday. This move, he added, would guarantee “security of supply.”On issues connected to the supply of semiconductors — which hasaffected a number of companies— BMW’s Zipse explained that, so far, the company had not experienced any production interruptions connected to chip shortages.“Our forecast is of course cautious, we do not exclude (that) … there might be some volume interruptions in the near and short term, but we have to see,” he said.“We have a very strict management of our suppliers and we … ordered our set of chips very early last year already,” he added. “And our general position is that we expect that our orders … will be delivered.”Zipse was speaking on the same day BMW said it would have approximately 12 fully electric models on the road by 2023. In addition, it wants fully electric vehicles to account for at least 50% of global deliveries by the year 2030.For 2021, BMW said its automotive segment was “forecast to record a solid year-on-year increase in deliveries to customers worldwide.” Its earnings before interest and taxes margin is expected to be between 6% and 8%.Shares of BMW were up by around 4.81% on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}