BMW cars underpinned by the company's Neue Klasse (New Class) electric platform will be "as profitable as vehicles with state-of-the-art combustion engines," CEO Oliver Zipse said.
The Neue Klasse platform will have a new battery chemistry and new cell formats to increase power output, Zipse said at the automaker's annual shareholder meeting on Wednesday.
"That is also what our latest GEN6 drivetrain generation stands for: more output, a new cell chemistry and new cell formats,” he said, without naming the supplier.