Demand for electric vehicles is slowing but the BMW Group is not backing down from its lofty EV goals. During the Annual General Meeting held today, CEO Oliver Zipse reconfirmed the objective to have electric…
The BMW Group had its 104th Annual General Meeting today in Munich at the Welt. CEO Oliver Zipse took the stage to hype up the Neue Klasse arriving in 2025 with the iX3. In the…
Two major factors influence a customer’s decision-making process when buying an EV: range and charging speed. In a statement made during the BMW Group’s Annual General Meeting, CEO Oliver Zipse addressed both topics. The head…
After saying that “China is the place to be” last month, the BMW boss discussed the European Union’s proposed tariffs on EVs imported from China. Speaking with German business newspaper Automobilwoche, CEO Oliver Zipse was…
BMW set a global sales record in 2023 when China was by far its largest individual market. A whopping 826,300 cars were delivered last year, and that wasn’t even the highest number ever. In 2021,…
China represents a huge business for BMW since 32 percent of sales last year were registered in the People’s Republic. It was the company’s largest single market with customer deliveries reaching 824,832 units, including the…
In an interview with Focus News Magazine in Germany, BMW CEO Oliver Zipse said that the company plans to deliver 500,000 electric vehicles in 2024. “We want to deliver more than half a million electric…
In a recent lecture at the Rhine-Main Economic Initiative in Frankfurt, BMW boss Oliver Zipse made a statement that echoed throughout the automotive industry: “We don’t want to write off the combustion engine.” This declaration…
Through the first nine months of the year, the BMW core brand delivered a total of 1,621,267 cars, representing a significant jump of 5.7% compared to January-September 2022. With demand increasing, the company’s recently reelected…
The Tokyo Mobility Show – formerly the Tokyo Auto Show – is always an interesting time. This year, we saw several interesting new EVs and hybrid vehicles. Honda has even reanimated the Prelude nameplate. But…
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