BMW launches connected car service in the U.S. with Verizon and KDDI

Product / Tech
โดย Simply Wall St·Read original
Summary · why it matters

BMW Group has launched a new connected vehicle platform in the U.S. in partnership with Verizon and KDDI, bringing 5G and IoT connectivity directly into newly manufactured BMW vehicles for telematics and infotainment services. The move marks a shift toward more integrated, software-centric car services for Bayerische Motoren Werke customers. BMW shares trade around €57.32, having declined 14.4% over the past month and 40.5% year to date.

Impact on stocks 3

Consumer Discretionary▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks
KDDI Corporation
9433
▲ PositiveDemandrelevance

KDDI partners with BMW to provide connectivity services for connected cars in the U.S., expanding its IoT business.

Cloud & Digital Infrastructure▲ · 1 stocks
Verizon Communications Inc
VZ
▲ PositiveDemandrelevance

Verizon partners with BMW to provide 5G/IoT connectivity for connected car services, expanding its enterprise IoT business.

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