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BMW says ICE demand has peaked, growth now in EVs

According to media reports, while BMW will continue to offer both ICE and EV powertrain options, it has given up on growing ICE sales. As per the carmaker, demand for ICE-powered vehicles has peaked and future growth will be via electric vehicles. ....

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Batteries & buffoons | The Manila Times

IN a bit of interesting news from my old world this week, Walter Mertl, the chief financial officer of German automobile giant BMW, told Reuters that most of the company s sales growth was coming from electric vehicles (EVs), describing 2023 as a tipping point away from internal combustion engines (ICEs). EVs only accounted for about 15 percent of BMW s total vehicle sales last year, but sales growth in that segment is now faster than for ICE vehicles, a trend that Mertl attributed to tougher environmental regulations and rapidly shifting consumer preferences. ....

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Combustion engines peak as the "inevitable" EV future arrives

The balance has tipped away from combustion engines and towards the EV market, but lagging infrastructure is stalling the shift. ....

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"Tipping point" for combustion engines as "inevitable" EV future arrives

The balance has tipped away from combustion engines and towards the EV market, but lagging infrastructure is stalling the shift. ....

United States , United Kingdom , David Leah , Asif Ghafoor , Shutterstock Eleseus , Jordan Roberts , John Ellmore , Walter Mertl , Sammy Chan , Energy Vehicles , Company Profile , Company Profiles , Senior Analyst , New Energy Vehicles , Zero Emission Vehicle , Financial Officer Walter Mertl , Electric Car Guide , Automotive Sales Forecasts ,

MEED | Combustion engines peak as electric vehicle future arrives

The balance has tipped away from combustion engines and towards the EV market, but lagging infrastructure is stalling the shift ....

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