BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German car maker is behind on electrification, its top executive said.
BMW’s “electromobility” drive is about to gain further momentum, with the German luxury vehicle manufacturer announcing it will release the last Mini model with a combustion engine variant in 2025.
As Apple plots a foray into the car market, it could adopt a similar strategy to the iPhone – working with a lesser known contract manufacturer – after talks with some brand name car makers stalled.
BMW has a message for Apple: Bring it on! Chief financial officer Nicolas Peter said he is undaunted by reports that the world’s most valuable company could enter the car business.
Tesla’s years-long dominance of electric car sales may soon be over as traditional car makers introduce a slew of new battery-powered models, one of its German rivals said.
Ford will plough over $1-billion into a plant in South Africa – its biggest-ever investment in the country – as the car maker scales back in other regions including Brazil and Europe.
German luxury car maker BMW has unveiled an electric sport utility vehicle called the BMW iX, planned to go on sale in early 2022 to compete with Tesla and other rivals.