BMW registers robust electric vehicle sales growth in China: Reports
The BMW Group delivered 99,972 all-electric vehicles in the Chinese market in 2023, a year-on-year increase of more than 138 percent, the automaker has said.
The rapid growth in sales of new energy vehicles in China has boosted the demand for charging and energy supplementation equipment.
By the end of 2023, BMW's public charging network had access to more than 580,000 public charging piles across the country, covering more than 320 cities.
In August, BMW launched a supercharging station program with high-power charging pile supports that have up to 600 kilowatts of charging power.
By the end of 2023, 50 such stations had been built in China, covering 17 first and second-tier cities.
In 2023, the BMW Group delivered a total of more than 820,000 BMW and MINI vehicles in the Chinese market.
(With UNI Inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Swiss police rule out terror as deadly fire ravages New Year party at Alps bar
‘Shah Rukh Khan a traitor’: BJP leader slams KKR owner over Bangladeshi player signing
Dakota Johnson sparks dating buzz after cozy dinner with singer Role Model
Army’s Albert Ekka Brigade marks 56th Raising Day with ceremonies in Agartala
