Automakers

BMW expects top-end EVs to boost profit even as demand cools

Rolls-Royce Spectre EV
BMW Group expects high-end EVs such as the Rolls-Royce Spectre, shown, to be key profit contributors this year. (ROLLS-ROYCE)
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By:
Bloomberg
March 21, 2024 08:04 AM

BMW Group expects that its top-end battery-electric vehicles such as the BMW i7 sedan and Rolls Royce Spectre will drive profit this year, even as faltering global demand weighs on broader EV sales.

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