Luxury EV Market

Porsche has announced a major update to its electrification strategy, delaying several electric vehicle (EV) launches while continuing production of internal combustion engine (ICE) and hybrid models well into the…

Porsche is recalibrating its electric mobility strategy by shifting its subsidiary, Cellforce Group GmbH, away from large-scale battery production and concentrating instead on research and development. The decision reflects a…

In the second quarter, the BMW Group delivered 111,027 BEVs, which is a little more than the 109,516 BEVs delivered in the first quarter. BMW Group’s BEV sales total after…