Citing EV “rollercoaster” in US, BMW invests in internal combustion
13 Articles
13 Articles
BMW's Focus on Gas Engines Pays Off as EV Industry Becomes 'Rollercoaster'
BMW's conservative approach to EV adoption, investing in platforms that can accommodate internal-combustion, hybrid, and electric powertrains, is now paying off as the company navigates the uncertain transition to electric vehicles.
BMW Is Still Investing Money In Gas Engines
With all the hype around Neue Klasse and BMW’s rising electric car sales, it’s easy to get carried away. However, the numbers don’t lie—the combustion engine still dominates. Of the 2,200,177 cars the company sold last year, only 368,523 did away with the gasoline or diesel engine. The remaining 1.83 million were either pure ICE or plug-in hybrids. With that in mind, the German luxury brand is aware that combustion engines are still necessary. B…
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