BMW is pumping more cash into EVs ‘than originally planned’

As far as sales go, BMW still lags well behind Tesla on the electric-vehicles front, but the German automaker is arguably making strides.
BMW told investors Thursday that EVs made up 12.6% of the firm’s total deliveries during the first half of 2023, up from 10% for the entirety of 2022. BMW aims for its share of battery-electric sales to hit 15% by the end of 2023.
As demand for battery-powered cars climbs, BMW’s chief financial officer said the firm is now “investing more than originally planned in the global ramp-up of e-mobility,” according to Bloomberg. BMW’

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