Costs
BMW launches new flagship iX electric SUV with 300 miles of range
BMW unveiled its next electric vehicle, the iX SUV, with 300 miles of range and gorgeous minimal interior. The iX is BMW’s technological flagship, meaning it incorporates multiple technologies that will be featured in the German automaker’s upcoming vehicles, mainly electric powertrain and driver interface. The BMW iX will be the first vehicle to feature the automaker’s fifth-generation scalable EV technology, which means it can be adjusted to accommodate vehicles of different sizes and utility. The BMW iX will go into production at the company’s Dingolfing factory, located in Southern Bavaria, Germany, in the second half of 2021 and is scheduled to arrive on US shores in early 2022. BMW didn’t reveal the size of the iX’s battery but says it will be capable of adding 75 miles for every 10 ...
Europe to pay less than US for Pfizer COVID-19 vaccine
The European Union has struck a deal to initially pay less for Pfizer’s COVID-19 vaccine candidate than the United States, an EU official told Reuters News Agency as the bloc announced on Wednesday it had secured an agreement for up to 300 million doses. The experimental drug, developed in conjunction with Germany’s BioNTech, is the frontrunner in a global race to produce a vaccine, with interim data released on Monday showing it was more than 90 percent effective at protecting people from COVID-19 in a large-scale clinical trial. Under the EU deal, 27 European countries could buy 200 million doses, and have an option to buy another 100 million. The bloc will pay less than $19.50 per jab, a senior EU official involved in talks with vaccine makers told Reuters, adding that partly reflected ...
