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Citing hydrogen as one of the most efficient ways of storing and transporting renewable energies, BMW believes the energy source is a zero-emission alternative to battery-electric vehicles.
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Concerns over limited availability of raw materials impacting the growth of battery electric vehicles, Toyota and BMW are are developing a secondary zero emissions vehicle strategy.
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Consumer Reports has released its annual vehicle reliability rankings.
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“We think hydrogen-powered vehicles are ideally placed technologically to fit alongside battery-electric vehicles and complete the electric mobility picture,” said Oliver Zipse, chairman of the board of management of BMW AG.
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The Inflation Reduction Act changes the availability of electric vehicle tax credits to only those assembled in North America. Several popular EVs — Hyudai Ioniq 5, Kia EV6, and BMW — i4 aren't eligible.
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Bautista joined BMW in 2011 and most recently served as VP, Used Car Center of Competence at BMW offices in Dinglfing, Bavaria.
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BMW, Ford, and Geely posted significant decreases, mostly due to a lack of new cars. Tesla also lost ground.
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Compared with the first half of 2021, the strongest in the company’s history, sales decreased by 13.3%. Across all industries, growth this year continues to be impacted by the geopolitical situation in Eastern Europe, the intermittent Covid lockdowns in China and persistent semiconductor availability.
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Five OEMs — Ford, VW, BMW, Honda and Volvo — filed a motion to intervene on the side of the EPA in California's authority to set its own emissions standards under the Clean Air Act.
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Taking effect this September, BMW North America appoints Raymond Wittmann, executive vice president and CFO and Marcus Casey, vice president, marketing, both with years of experience in various roles at the company.
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