XPeng experienced a resurgence in electric car sales at the end of 2023, attributed to reforms initiated a year earlier, enhancing sales network efficiency, optimizing supply chain management, and consolidating control with its CEO. BMW's CFO, Walter Mertl, highlighted that the majority of BMW's sales growth now comes from EVs, predicting a continued sales plateau for combustion cars. The pressure on carmakers to bolster EV offerings due to impending bans in various jurisdictions is evident. BMW's shift towards prioritizing EVs is emphasized, with sales showing sustained growth, prompting a reconsideration of purpose-built EV platforms.
When it comes to EVs, BMW has been there and back…and there again. Sales are up and aren't showing any sign of slowing, which is probably why the automaker changed its mind (again) about purpose-built EV platforms. This time, though, it might stick. https://t.co/vMCREdsmzF
BMW’s future growth depends on EVs, and it’s finally going all in: https://t.co/WSRU3yIJHe by TechCrunch #infosec #cybersecurity #technology #news
BMW’s future growth depends on EVs, and it’s finally going all in https://t.co/KTY0Q2bLYY
CFO Walter Mertl said that BMW is now generating most of its sales growth from EVs. Mertl also predicted that the current sales plateau for combustion cars will continue. Carmakers are now under pressure to ramp up their EV offerings since several jurisdictions will ban the… https://t.co/vkdpdkZxDv
In Depth: XPeng witnessed a rebound in electriccar sales by the end of 2023, thanks to a shake-up that kicked off a year before, which improved the efficiency of its sales network, streamlined supply chain management and concentrated control with its CEO. https://t.co/QTeRMVjb1o https://t.co/yQojgSSj8P