Tag:

BMW

BMW Records Strong Growth in Electric Vehicle Sales, Up by 79.6 percent in Q3

In the third quarter of 2023, the BMW Group demonstrated remarkable success in the sales of fully- electric BMW and MINI vehicles, with a...

BMW targets 50% of new sales from EV business

BMW said it expects over 50 percent of new sales to be all-electric vehicles well ahead of its 2030 target. The carmaker forecast slightly higher deliveries...

BMW targets 15% battery-electric sales in 2023

BMW Group has revealed that it sold around 100,000 fewer cars in 2022 at 2.4 million vehicles. BMW has more than doubled the proportion...

BMW to invest $1.7 bn to build EVs in United States

BMW, a major automaker, said it will invest $1.7 billion to build electric vehicles in the United States. The German company said it was making...

CATL battery cells to power BMW’s NEUE KLASSE electric vehicles

CATL has won a contract from BMW Group for the supply of cylindrical battery cells to power the German carmaker’s NEUE KLASSE electric models...

BMW starts production at $2.2 bn China plant to ramp up EV output

Germany’s BMW said it started EV production at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the...

BMW expects at least half of sales to be electric cars by 2030

BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in...

BMW to hike capacity for components for electric cars

BMW will increase its capacities for producing drivetrain components for electric cars at its key Dingolfing plant, Reuters reported. The number of employees in the...