EV Market Trends and Insights with Focus on BMW

BMW's CEO, Oliver Zipse, has expressed concerns regarding the potential imposition of EU import duties on electric vehicles (EVs) from Chinese automakers, highlighting the possible negative impacts on German automakers and the EU's Green Deal industrial plan This follows the European Commission's launch of an investigation in October into the matter In other news, the UK's auto market in April registered a significant uptake in plugin EVs, capturing a 24.7% market share, a rise from the previous year's 21.9%, with a modest volume growth in battery electric vehicles (BEVs) and a decent increase in plug-in hybrid electric vehicles (PHEVs)..