BMW invests more in EVs to meet growing demand

BMW i5 2023.jpg — BMW said its first-half sales growth was largely due to demand for its full-electric vehicles. It expects a further boost with the market launch of the i5 all-electric sedan, shown, in October. (DANIEL KRAUS/DANIEL KRAUS)

By:

Bloomberg

August 03, 2023 07:01 AM

BMW is ramping up spending on its electric-car rollout after the luxury-car maker’s battery-vehicle deliveries more than doubled during the first half of the year.

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