BMW CEO: Tesla difficult to maintain high growth.

(Cover image: BMW CEO Oliver Zipse, source: Bloomberg)

On February 23, Bloomberg reported that Oliver Zipse, Chairman of the BMW Group, publicly questioned the future prospects of Tesla at the DLD All-Star Conference. He stated that as traditional carmakers continue to launch electric vehicle models, Tesla will soon lose its dominant position in the field of electric cars.

Last year, Tesla’s global market deliveries approached 500,000 units. Last month, Tesla stated that it expects deliveries to increase by about 50% annually in the coming years, faster than the growth rate in 2021.

Zipse stated, “Tesla will be unable to maintain such a growth rate because the entire industry is moving forward.”


(Source: Electrive)

Zipse’s statement also demonstrates BMW’s confidence in its electrification transformation. With an investment of tens of billions of dollars, BMW has added electric versions of its X1 SUV, 5 Series and 7 Series.

🔗Source: Bloomberg

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.