BMW CEO defends EV expansion timing

BMW CEO Oliver Zipse stands next to the iX SUV and i4 sedan upcoming EVs at the automaker's annual press conference on March 17 2021. (BMW)

By:

Reuters

March 30, 2021 06:55 AM

BMW has timed its shift to electric cars well and its upcoming products will reverse the perception the automaker is behind on electrification and could make its stock compete with the likes of Tesla, its top executive said.

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