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28 October 2024

Daily Newsletter

28 October 2024

BMW, Tsinghua University establish mobility research institute

Tsinghua University has technology development partnerships with Toyota and Nissan.

Frankie Youd October 28 2024

German automaker BMW last week announced it has agreed to establish a new R&D centre in partnership with China’s Tsinghua University, focused on developing advanced technologies in the areas of artificial intelligence (AI), vehicle to everywhere (V2X) and solid-state batteries (SSBs).

Tsinghua University is based in the Chinese capital Beijing and already has technology development partnerships with Japanese automakers Toyota and Nissan.

BMW group chairman Oliver Zipse, while attending the unveiling of “The Sustainable Development and Mobility Innovation Joint Research Institute", pointed out that “China is a powerhouse for innovation and a leader in intelligent mobility development”.

BMW confirmed that the new partnership will focus its research on cutting-edge automotive technologies, including battery cell safety, SSBs, recycling, AI and vehicle-road-cloud integration. It will also help nurture new engineering talent for the company’s Chinese operations and also “foster cultural integration”.

The company plans to introduce a new generation of connected technologies, including V2X, in its Chinese-made vehicles from next year.

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GlobalData's latest report provides a comprehensive overview of the latest market developments as well as tech foresight & patent analysis of the global automotive xEV systems market. The report also provides a detailed sector-wise and regional automotive xEV systems market outlook from 2019 to 2029. Per our analysis, the xEV vehicle production market is estimated at 32.2 million units in 2024 and will grow at a CAGR of more than 12% during 2024-2029.

Automotive xEV Systems​​ Market Overview

GlobalData's latest report provides a comprehensive overview of the latest market developments as well as tech foresight & patent analysis of the global automotive xEV systems market. The report also provides a detailed sector-wise and regional automotive xEV systems market outlook from 2019 to 2029. Per our analysis, the xEV vehicle production market is estimated at 32.2 million units in 2024 and will grow at a CAGR of more than 12% during 2024-2029.

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