BMW, A CAUTIONARY TALE: Just a reminder that you don't hate Europe enough. Humiliating guidance cut on China and implications of declining China mkt on EM/Europe competition (Chinese brands dumping inventory). BMW will never come back in China, nor will VW, Benz. Massive strategic failure coming home to roost.
BMW has unveiled the design of the all-electric BMW M3, a quad-motor EV concept that will go into production next year.
• 800-volt architecture
• 100 kWh battery
• 400kW peak charging speed
• BMW M-specific sixth-generation cylindrical battery cells
• Structural battery
• More specs and info to be released later