BMW spends billions to push its next-gen EVs into Tesla territory
Baua Electric
JANUARY 11, 2024
Vision Neue Klasse Vision sedan On the heels of announcing its record year in sales of all-electric vehicles last year, BMW says it is now investing $711 million (€650 million) to convert its main factory in Munich to exclusively produce electric vehicles by the end of 2027. It expects to sell half a million BEVs this year.
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