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Germany: BMW CEO says EVs unprofitable at start

BMW's chief executive officer - Norbert Reithofer - has acknowledged during an event in Germany that he does not expect new vehicle and powertrain concepts like the company's Megacity Vehicle and electric drive to contribute to profits at first. Automotive News Europe quotes Reithofer as saying: "It may Subscribe to Automotive World to continue reading … Continued

BMW's chief executive officer - Norbert Reithofer - has acknowledged during an event in Germany that he does not expect new vehicle and powertrain concepts like the company's Megacity Vehicle and electric drive to contribute to profits at first.

Automotive News Europe quotes Reithofer as saying: "It may

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https://www.automotiveworld.com/articles/84377-germany-bmw-ceo-says-evs-unprofitable-at-start/

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