Mercedes and BMW are unveiling new electric vehicles with advanced features and longer ranges, targeting growth in China and challenging industry leader Tesla.
BMW AG presented the first prototype of its future electric-vehicle lineup, ringing in a new stage in the fight to catch up to Tesla Inc. and defend sales in its most important market China.
BMW CEO sees profit boost from next-generation electric cars luxtimes.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from luxtimes.lu Daily Mail and Mail on Sunday newspapers.
Auto-industry executives long complained that electric cars aren’t as profitable as their combustion-engine counterparts. BMW AG Chief Executive Officer Oliver Zipse says those days are over.
Auto-industry executives long complained that electric cars aren’t as profitable as their combustion-engine counterparts. BMW AG Chief Executive Officer Oliver Zipse says those days are over. All of BMW’s electric models are earning money, and the company’s ‘Neue Klasse’ battery-powered vehicles due from 2025 will be even more profitable, Zipse…