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17 Mar
18:05

BMW Group to continue EV sales push despite outlook setbacks

BMW Group has maintained its target to more than double its sales of electric vehicles this year, despite trimming the overall guidance of its automotive business. Company chief financial officer Nicolas Peter said the war in Ukraine is having “a substantial effect” on the country’s automotive suppliers, leading to production interruptions at several BMW Group plants. “This is already taken into account in our outlook, to the extent t…
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