BMW spends billions to push its next-gen EVs into Tesla territory
Baua Electric
JANUARY 11, 2024
It’s all part of a multibillion-dollar effort to give its next-gen Neue Klasse EVs a competitive edge against the likes of Tesla. A new factory in Debrecen, Hungary, currently under construction, will also build only electric cars, with the upcoming Neue Klasse models planned to be built there in 2025.
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