BMW expects higher China sales in 2023, finance chief says

TL;DR

By Christina AmannIn his first interview since becoming finance chief in May, Walter Mertl told Reuters that BMW had been able to grow 3. "We are assuming, and we are seeing this at the moment, that we will sell more this year than last year," Mertl said with regard to China, adding that the price war was predominantly affecting the cheaper segments of the auto market, where BMW is not active. "BMW, which on Saturday released details about its new electric platform "Neue Klasse", plans to raise the share of EVs in total vehicles sold to 15% in 2023 and 20% in 2024, from around 9% in 2022

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