BMW, NTU inject more funds into joint research for electro-mobility
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Christopher Tan, Senior Transport Correspondent
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SINGAPORE - German carmaker BMW and the Nanyang Technological University have expanded their joint research into electro-mobility.
Both parties are injecting $1.3 million more into their efforts to find, among other things, better batteries for electric vehicles.
This is on top of the $5.5 million committed when their joint project started in 2013.
The latest effort involves the supply of two BMWs - an i3 and i8.
The latter will be the costliest car to wear a research plate. The $600,000 car is exempt from registration fees and COE.
