BMW's Electric Vehicle Strategy: Optimistic Outlook and Profitability Concerns.
TL;DR Summary
BMW plans to expand sales of electric vehicles and expects 15% of total sales to come from battery-electric vehicles. However, the crucial question remains whether they can do it profitably, as all large global automakers are chasing after EV leader Tesla. BMW provided investors with some operating and financial guidance for 2023.
- BMW Is Coming for Tesla. But Can They Do EVs Profitably? The Stock's Lower. Barron's
- BMW expects higher margin and deliveries in 2023 amid electric rollout CNBC
- BMW expects to hit 50% all-electric sales target 'well ahead' of 2030 Automotive News Europe
- BMW CEO Sees EV Growth Offsetting Lower Demand Bloomberg
- BMW cautiously optimistic on 2023, EV targets ahead of schedule Reuters
- View Full Coverage on Google News
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