BMW suffers in China but sells a growing number of EVs in Q2

Tony Verhelle

August 1, 2024

In the second quarter of 2022, BMW saw its earnings decrease, like so many competitors. Thanks to increased sales of EVs, BMW sees itself better prepared for the challenging future /BMW

In the second quarter of 2024, BMW Group saw its earnings drop a bit due to a weak Chinese market and the investment costs for the 'Neue Klasse'. On the other hand, the Munich-based carmaker was successful in selling more EVs. BMW is not the only one struggling with a demand slowdown in China. Th
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