The automotive industry is undergoing a steep transformation and collaboration is being now accepted by the automakers as a key for success. In a recent development, BMW Group and Jaguar Land Rover are joining forces to develop next generation electric drive units.
The companies claim to share the same strategic vision of environmentally-friendly and future-oriented electric drive technologies that has directed this move towards the advancement of electrification technologies.
The BMW Group brings long experience of developing and producing several generations of electric drive units in-house since it launched the pioneering BMW i3 in 2013. Jaguar Land Rover has demonstrated its capability with this technology through the launch of the Jaguar I-Pace and its plug-in hybrid models.
The cooperation allows the BMW Group and Jaguar Land Rover to take advantage of cost efficiencies arising from shared development of future evolutions and production planning costs as well as economies of scale from joint purchasing.
A joint team of BMW Group and Jaguar Land Rover experts located in Munich will be tasked with further developing the Gen 5 power units with production of the electric drivetrains to be undertaken by each partner in their own manufacturing facilities. Both companies will seek to adhere to their own brand-specific propositions in any project.
According to BMW, with Jaguar Land Rover, the automaker has found a partner whose requirements for the future generation of electric drive units significantly match with its. Together, the companies look forward to cater more effectively for customer needs by shortening development time and bringing vehicles and state-of-the-art technologies more rapidly to market.
Source: Press Release