Jaguar Land Rover CEO Ralf Speth gave the impression last year that the automaker would be one of the last premium brands to add an EV. Last month, Jaguar previewed the I-Pace electric SUV. Speth explained to Automotive News Europe why he changed his mind on battery-powered cars.
When Eberhard von Kuenheim, a little-known machine tool executive, was named head of BMW in 1969, the choice bewildered the German auto industry and infuriated many of the company's top brass. But over the next 23 years, von Kuenheim would turn the tiny Bavarian carmaker into an industry titan.