Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke    BMW   DE0005190003

BAYERISCHE MOTOREN WERKE (BMW)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

U.S., German auto companies agree on fast charging system

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/05/2012 | 01:56am CET
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit

Seven automakers, including General Motors Co and Ford Motor Co, have agreed to adopt a fast-charging system that can charge electric vehicles and plug-in hybrids in as little as 15 minutes.

The group's goal is to make charging an electrified car as simple as filling a gas tank. Chrysler Group LLC is the latest automaker to join the consortium, which also includes members from Volkswagen AG and its luxury Audi brand, Daimler AG, Porsche and BMW.

The ability to quickly charge cars like GM's Chevrolet Volt and Ford's Focus Electric is crucial to making them more popular among consumers, said Mike Tinskey, associate director of vehicle electrification for Ford, the No. 2 U.S. automaker.

The charging method championed by Ford and others in the group will be showcased at a electric vehicle conference in Los Angeles next week, the automakers said in a press release.

But the approach supported by Ford and others is not compatible with the technology already used by Japanese automakers. Nissan Motor Co's Leaf electric car uses the "CHAdeMO" system to quickly charge, for example.

The lack of consensus has slowed the construction of fast charging stations in the U.S. market and illustrates some of the struggles facing the burgeoning electric car industry.

Ford believes its system will be used in its vehicles beyond 2020, Tinskey said. ACEA, a trade group of European automakers, will use the charging system for all new vehicle types in Europe beginning in 2017, the press release said.

"We think this is a very long-term solution," Tinskey said.

Charging stations equipped with fast charging capability are projected to be available later this year. These stations can cost anywhere from $25,000 to $90,000 depending on how much power is available in a particular area, Tinskey said.

(Reporting by Deepa Seetharaman)

By Deepa Seetharaman

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAYERISCHE MOTOREN WERKE
01:58a Exports drive UK car output higher in October
01:33a BAYERISCHE MOTOREN WERKE : Two involved in fatal crash released from hospital
11/22 BAYERISCHE MOTOREN WERKE : Woman killed by Norfolk police started shooting husba..
11/22 BAYERISCHE MOTOREN WERKE : CAB seize nine vehicles, 100k cash and large amount o..
11/22 BAYERISCHE MOTOREN WERKE : Innovative urban mobility concepts for the future. El..
11/22 40 YEARS OF BMW MOTORSPORT TALENT PR : A meeting of generations at the anniversa..
11/22 BAYERISCHE MOTOREN WERKE : BMW and Snapchat show BMW X2 ahead of market launch. ..
11/22 CHINA PACIFIC INSURANCE : BMW Motorrad Appoints EVM Autokraft as its Dealer Part..
11/22 BAYERISCHE MOTOREN WERKE : Two injured in Marsa collision
11/21 BAYERISCHE MOTOREN WERKE : Man critically injured when struck by his own car on ..
More news
News from SeekingAlpha
11/08 CO2 emissions cut for EU vehicles?
09/27 California weighs ban on polluting vehicles
09/18 FORD : China And California Drive BEV Acceleration
09/10 China studying ban on gas vehicles
08/24 Is The U.S. Middle Class Really In Trouble?
Financials (€)
Sales 2017 97 798 M
EBIT 2017 9 846 M
Net income 2017 7 329 M
Finance 2017 20 543 M
Yield 2017 4,28%
P/E ratio 2017 7,81
P/E ratio 2018 7,82
EV / Sales 2017 0,37x
EV / Sales 2018 0,34x
Capitalization 56 304 M
Chart BAYERISCHE MOTOREN WERKE
Duration : Period :
Bayerische Motoren Werke Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Technical analysis trends BAYERISCHE MOTOREN WERKE
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 34
Average target price 92,9 €
Spread / Average Target 7,0%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BAYERISCHE MOTOREN WERKE-4.30%66 175
TOYOTA MOTOR CORP2.94%204 557
VOLKSWAGEN19.05%100 311
DAIMLER-2.47%88 773
GENERAL MOTORS CORPORATION25.95%63 876
HONDA MOTOR CO LTD8.94%59 801