BMW Says It’s Not Leaving China Where It Feels Like Home
Recently reelected at the helm of BMW until 2026, Oliver Zipse was asked by CNBC whether there will be any changes in its operations in China. The inquiry came in the context of the European…
Recently reelected at the helm of BMW until 2026, Oliver Zipse was asked by CNBC whether there will be any changes in its operations in China. The inquiry came in the context of the European…
Last week, the German business newspaper Handelsblatt wrote about a decision taken by the higher-ups in Munich to keep Oliver Zipse as CEO until 2026. It’s now official as a press release issued today confirms…
German business newspaper Handelsblatt has it on good authority that Oliver Zipse will have his contract as BMW CEO extended as early as next week during a supervisory board meeting. When contacted by the reputable…
Back in May, the BMW Brilliance Automotive (BBA) joint venture in China celebrated its 20th anniversary by announcing plans to commence local production of Neue Klasse-based EVs in 2026. To make it happen, an investment…
BMW has been quite vocal about how rushing the sales ban on new cars with combustion engines in the European Union by 2035 could backfire. CEO Oliver Zipse has gone on record several times saying…
It’s a known fact that some automakers have been selling electric vehicles at a loss but BMW is happy to announce it is making money with its current crop of EVs. Speaking with Automotive News…
Tesla has been slashing prices left and right in China for a few months in a bid to drive up sales at the expense of profit margins. BMW sees things differently as CEO Oliver Zipse…
When it comes to electrification, carbon neutrality, and the future of mobility, BMW certainly stands out among the crowd. That’s not to say that BMW is making better EVs than everyone else. Instead, it means…
In 2023, the BMW Group wants electric vehicles to account for 15% of all sales, with the percentage estimated to increase to 20% a year later. For 2025, the automotive conglomerate expects EVs to account…
BMW has been licensing its combustion engines to other automakers for decades and it’s still doing it to this day. We’re not talking about the obvious cases of MINI and Rolls-Royce as Land Rover borrows…