Universal (US:UVV) Prnewswireยท2024-09-04 20:15Core Points - Universal Technical Institute (UTI) is expanding its BMW FastTrack MSAT program to include a new electric vehicle (EV) curriculum using BMW i3 vehicles [1][2] - The new curriculum aims to equip technicians with essential skills for handling high-voltage BMW Group vehicles, including charging modes, pre-delivery inspections, and vehicle safety assessments [2][3] - UTI's partnership with BMW, which has lasted over 28 years, is designed to meet the increasing demand for skilled technicians as EV purchases rise nationwide [3] Company Overview - Universal Technical Institute, Inc. (NYSE: UTI) is a leading provider of education programs in transportation, skilled trades, energy, and healthcare, operating 16 campuses across 9 states [5] - UTI offers a variety of technical training programs under several brands, including MIAT College of Technology and NASCAR Technical Institute [5] - The company aims to provide quality education and support services for in-demand careers in highly skilled fields [5] Industry Context - BMW currently offers four fully electric and four plug-in hybrid electric vehicles for sale in the U.S., with expectations for growth in both the electric lineup and sales [3] - The partnership with UTI is intended to ensure a supply of skilled technicians capable of servicing hybrid, EV, and combustion engines at BMW dealerships [3] - The new EV curriculum will allow UTI's FastTrack graduates to perform evaluations currently restricted to Master-Level technicians, enhancing their qualifications in the evolving automotive landscape [2][4]