https://www.bloomberg.com/news/articles/2023-09-02/bmw-ceo-sees-profit-boost-from-next-generation-electric-cars?srnd=premium-asia
Auto-industry executives long complained that electric cars aren’t as profitable as their combustion-engine counterparts. BMW AG Chief Executive Officer Oliver Zipse says those days are over. All of BMW’s electric models are earning money, and the company’s ‘Neue Klasse’ battery-powered vehicles due from 2025 will be even more profitable, Zipse said Saturday.“The assumption that margins of combustion-engine cars are always higher is simply wrong,” he told reporters at an event ahead of the IAA car show in Munich.
https://www.bloomberg.com/news/articles/2023-09-02/bmw-ceo-sees-p...
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