From Audi to Volvo, which is a European nameplate under Chinese ownership, the Old Continent carmakers are shaking their CEOs to make a decision. Engineers in their R&D departments are burning the midnight oil to create new cars, and they are doing that while they have already achieved Level 3 autonomous driving systems. Of course, for now, we only saw their pricier brands going the EV route. Yet, some of their cars might land on American shores with lower prices.BMWi BMW didn't want to affect its existing customers and launched a new sub-brand named BMW i, which focused exclusively on hybrid and electric vehicles. After the i8 and i3, it continued with the newer generations.

The potential alliance of German companies, which include Continental and Robert Bosch, would pool their resources to move forward more quickly as they race to keep up with rapid technological advances in the United States and China, the report said.

AMSTERDAM (Reuters) - Germany's three biggest carmakers have accelerated R&D spending at HERE after their 2015 acquisition of the digital mapping company as they race to develop the navigation technology needed for self-driving cars.