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Formula E gets wireless-charging BMW i8 safety car [w/video]

Racing series typically select a safety car appropriate to the kinds of racecars for which they'll be setting the pace. So you might find a Mercedes SLS pacing a Formula One grand prix, for example, and you're more likely to find a BMW M4 on duty at a DTM race and a Chevy Camaro or SS on an oval speedway for a NASCAR or Indy race. It would only stand to reason, then, that the FIA Formula E Championship kicking off next month in Beijing would press a plug-in into service as its safety car. But the organizers didn't go for your run-of-the-mill Nissan Leaf or Toyota Prius.
No, the safety car for Formula E will be a BMW i8 specially modified for the occasion. As you can see from the video below, the hybrid sports car packs a full roll cage, racing buckets with harnesses, special communications systems and on-board fire extinguishers. But that's not all.
In partnership with technological partner Qualcomm, the Formula E support fleet - including two examples each of the i8 and i3 - will feature inductive charging. So while one is out on the track, or at least sitting at the end of the pit lane waiting to be deployed - the other will be charging wirelessly. The vehicles are still pending FIA approval, and only one has been outfitted with the Qualcomm Halo wireless charging system (with the others to be retrofitted later), but they were all on hand for the recent practice race at Donnington Park.

BMW to announce location of new plant in Mexico in July

Volkswagen manufactures in Mexico. Soon Audi will as well, and Mercedes-Benz is said to be working on a deal to assemble some of its cars at a Nissan plant in Mexico too. That leaves BMW out of the mix of German automakers building cars South of the Border, but that may soon be rectified, as well.
According to Automotive News, the Bavarian automaker is preparing to announce the site of its first Mexican assembly plant as soon as July, now just two months away. BMW already builds cars for North American consumption at its plant in Spartanburg, South Carolina, but has reportedly been keen to capitalize on cheaper labor and the benefits of the North American Free Trade Agreement to supply vehicles to the United States and Canada especially.
When BMW does announce the site of the plant - reportedly narrowed down to either Hidalgo or San Luis Potosi - it is tipped to work its way up to 100,000 vehicles per year at the new location, potentially to include the 3 Series as well as smaller, front-drive models, including Minis.

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.