STOCK TITAN

Universal Technical Institute Integrates EV Curriculum into BMW's Manufacturer Specific Advanced Training (MSAT) Program

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Universal Technical Institute (UTI) has expanded its BMW FastTrack MSAT program to include additional electric vehicle (EV) curriculum. Starting August 1, 2024, seven UTI campuses will teach the new EV curriculum using BMW i3 vehicles. The comprehensive training, developed by BMW North America, covers essential skills for handling high-voltage BMW Group vehicles, including charging modes, safety assessments, and EV evaluations. This expansion builds on UTI's 28-year relationship with BMW and aims to meet the growing demand for skilled technicians as EV purchases increase nationwide.

The program allows UTI's qualified FastTrack graduates to perform EV evaluations currently to Master-Level technicians. Students who complete the BMW FastTrack curriculum can earn seven BMW factory credentials and a BMW Associate Level Certification, with opportunities for further advanced training through the BMW STEP program.

Loading...
Loading translation...

Positive

  • Expansion of BMW FastTrack MSAT program to include EV curriculum
  • Partnership with BMW to provide i3 vehicles for hands-on training
  • Graduates can earn seven BMW factory credentials and Associate Level Certification
  • Opportunity for further advanced training through BMW STEP program
  • Addressing growing demand for skilled EV technicians in BMW dealerships

Negative

  • None.

News Market Reaction 1 Alert

-1.78% News Effect

On the day this news was published, UTI declined 1.78%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Beginning this month, all seven UTI campuses offering FastTrack will teach the new EV curriculum using i3 vehicles provided by BMW.

PHOENIX, Sept. 4, 2024 /PRNewswire/ -- Universal Technical Institute, the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the expansion of the BMW FastTrack MSAT program to include additional EV curriculum.

The new EV training, developed by BMW North America, uses BMW i3 vehicles provided to UTI by BMW. It encompasses a comprehensive curriculum designed to equip technicians with essential skills for handling high-voltage BMW Group vehicles. Students learn about charging modes and settings, how to estimate charging times, perform pre-delivery inspections, determine when to charge a 12V battery, assess vehicle safety, and evaluate their qualifications for high-voltage vehicle concerns. This education will allow UTI's qualified FastTrack graduates to perform EV evaluations currently restricted to Master-Level technicians.

UTI Division President Tracy Lorenz stated, "UTI's relationship with BMW spans over 28 years. We are pleased to partner with them on their EV curriculum to help prepare our FastTrack program graduates to work on these complex and evolving vehicles. As EV purchases climb nationwide, the need is increasing for BMW Service Technicians trained to work on hybrid, EV and combustion engines at BMW dealerships across the country."

"BMW currently offers four fully electric, and an additional four plug-in hybrid electric vehicles for sale in the U.S. with the expectation that both our electric line-up, and sales will only continue to grow," said Gary Uyematsu, national technical training manager, BMW of North America. "Our partnership with UTI will not only help ensure that we can meet the need for skilled technicians but also provide the premium level of customer service BMW drivers expect."

Beginning August 1, 2024, the following campuses that offer the BMW FastTrack program now teach the new EV curriculum: UTI-Avondale (Ariz.), UTI-Exton (Penn.), UTI-Houston, UTI-Lisle (Ill.), UTI-Long Beach (Calif.), UTI-Miramar (Fla.), and UTI-Orlando (Fla.).

First launched at UTI-Avondale in 2022, BMW FastTrack students who finish UTI's core automotive program can apply for this BMW-specific training. Students can earn seven BMW factory credentials and a BMW Associate Level Certification upon completing the BMW FastTrack curriculum, provided they pass the BMW-specific ASE tests and assessments. Graduates may also pursue further advanced training through the BMW STEP program, which is available at BMW locations.

About Universal Technical Institute, Inc.  

Universal Technical Institute, Inc. (NYSE: UTI) (the "Company") was founded in 1965 and is a leading workforce solutions provider of transportation, skilled trades, energy, and healthcare education programs. The Company's mission is to serve students, partners, and communities by providing quality education and support services for in-demand careers across a number of highly skilled fields. The Company is comprised of two divisions: Universal Technical Institute (UTI) and Concorde Career Colleges. UTI operates 16 campuses located in 9 states and offers a wide range of transportation and skilled trades technical training programs under brands such as UTI, MIAT College of Technology, Motorcycle Mechanics Institute, Marine Mechanics Institute and NASCAR Technical Institute. Concorde operates across 17 campuses in 8 states and online, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu, or visit us on LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges or on X (formerly Twitter) @news_UTI or @ConcordeCareer.

About BMW North America
BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; Designworks, a strategic design consultancy based in California; a technology office in Silicon Valley, and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is the BMW Group global center of competence for BMW X models and manufactures the X3, X4, X5, X6 and X7 Sports Activity Vehicles. The BMW Group sales organization is represented in the U.S. through networks of 350 BMW passenger car and BMW Sports Activity Vehicle centers, 144 BMW motorcycle retailers, 108 MINI passenger car dealers, and 38 Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North America, is located in Woodcliff Lake, New Jersey.

Media Contact
Alanna Vitucci
avitucci@uti.edu
480.710.6843

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/universal-technical-institute-integrates-ev-curriculum-into-bmws-manufacturer-specific-advanced-training-msat-program-302238462.html

SOURCE Universal Technical Institute, Inc.

FAQ

When will UTI campuses start teaching the new BMW EV curriculum?

UTI campuses will start teaching the new BMW EV curriculum beginning August 1, 2024.

How many UTI campuses offer the BMW FastTrack program with EV curriculum?

Seven UTI campuses offer the BMW FastTrack program with the new EV curriculum.

What skills will students learn in the BMW EV curriculum at UTI?

Students will learn about charging modes, estimating charging times, pre-delivery inspections, vehicle safety assessments, and EV evaluations for high-voltage BMW Group vehicles.

What certifications can students earn through the BMW FastTrack program at UTI?

Students can earn seven BMW factory credentials and a BMW Associate Level Certification upon completing the BMW FastTrack curriculum and passing BMW-specific ASE tests and assessments.
Universal Technical Institute

NYSE:UTI

UTI Rankings

UTI Latest News

UTI Latest SEC Filings

UTI Stock Data

1.49B
52.83M
2.66%
94.41%
4.25%
Education & Training Services
Services-educational Services
Link
United States
PHOENIX