BMW has promised to continue to invest in combustion engine and hybrid technology, because it warned of a “roller coaster ride” in the American transition to electric vehicles after the return of Donald Trump as president.
Board member Jochen Goller said that the group remained optimistic about the sale of gasoline and plug-in hybrids in the US, even if the demand for EVs delayed in the coming years after the policy changes under the new administration.
“I think it would be naive to believe that the movement to electrification is a one -way road. It will be a roller coaster ride, ”said Goller, who is responsible for the customer, brands and sales, to the Financial Times at the BMW headquarters in Munich.
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