Germany Announces New EV Subsidy: Up to €6,000 for Electric BMWs in 2026
Income-based incentive program offers subsidies for battery-electric and plug-in hybrid vehicles with no price cap—even the i7 M70 qualifies.
Income-based incentive program offers subsidies for battery-electric and plug-in hybrid vehicles with no price cap—even the i7 M70 qualifies.
Xiaomi hires former BMW execs to lead new EV R&D center in Munich, signaling a major step toward its 2027 global expansion plans.
Canada’s new 100% tariffs on Chinese-made EVs could shake up the market, impacting rivals like Tesla and Lotus while offering a potential advantage to BMW. With competitors facing higher costs, BMW may see an opportunity to capture more of the Canadian EV market, though it also faces challenges with its Chinese-produced MINI models.
BMW sold 14,869 electric vehicles in Europe last month, narrowly surpassing Tesla, which sold 14,561.
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BMW CEO Oliver Zipse said that the company plans to deliver 500,000 electric vehicles in 2024
BMW may also extend support to customers whose new car deliveries, initially planned for 2023, were postponed to 2024 due to production reasons.
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