- BMW expects over 50% of new sales to be all-electric vehicles well ahead of its 2030 target.
- It forecasts slightly higher deliveries and an 8-10% margin for the year.
- The carmaker plans to keep prices stable and sees hydrogen-powered cars as a complement to e-mobility.
- BMW is testing a BMW iX5 Hydrogen* test vehicle, which can refuel in three to four minutes.
- Auto industry remains cautious about supply chain problems, high inflation, and uncertainty over China's post-pandemic economic recovery.
Reuters — Business — Electric vehicles — Sustainable & Ev Supply Chain — Financial Results — Automotive Industry
BMW cautiously optimistic on 2023, EV targets ahead of schedule
BMW predicts over 50% of new sales to be all-electric vehicles ahead of its 2030 target, plans to keep prices stable, and envisions a hydrogen-powered car going into production in the second half of the decade.