German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily Augsburger Allgemeine.

BMW aims for 20% of its vehicles to be electric by 2023

As a result of the sales slide, and higher costs for developing low-emission cars, BMW posted a pretax loss of 498 million euros, its first in over 11 years

BMW loses almost $800 million as sales slide during lockdowns | Automobile | Markets | WION

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BMW aims for 20% of its vehicles to be electric by 2023

BMW loses almost $800 million as sales slide during lockdowns | Automobile | Markets | WION