Why BMW’s Investment In Electric Bus Company Proterra Is Big News For The Future of How We Travel

BMW isn’t known for its interest in commercial vehicle, let along vehicles that are used for public transportation. But earlier this week BMW’s i-Ventures investment arm — along with some other influential companies — provided a total of $55 million in investment to electric bus manufacturer Proterra.

If BMW isn’t interested in commercial vehicles, and its own electric vehicle program is continuing to grow without any external input, what’s the real reason behind this latest investment, and what does it mean for the way we travel in the future? The answer (we think) lies in BMW’s devotion to multi-modal transportation.

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