From Yahoo Finance: 2025-05-15 12:49:00

BMW’s CEO Oliver Zipse stands by the company’s commitment to offer a variety of drivetrain options, including combustion engine, hybrid, and hydrogen fuel-cell cars. Despite rivals’ criticism, BMW is launching EV models on a platform built specifically for electric vehicles. Legacy carmakers struggle to explain EV benefits to skeptical customers, while Tesla’s progressive audience drives its success. The global EV market faces challenges, with Tesla missing sales targets and losing ground in China. BMW’s global EV sales grew by 14%, prompting a shift towards dedicated EV platforms like the Neue Klasse for its upcoming models.



Read more at Yahoo Finance: ‘That should be obvious by now’