BMW's China Strategy BMW's Comeback in China Begins with the New Class
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BMW is unveiling two new electric cars in Chengdu, on which the company is pinning its hopes for the Chinese market. The “New Class” is intended to kick off the race to catch up with Nio, BYD, and others.
There's a lot at stake for BMW in China right now. Sales are declining, as are profits. The Chinese competition is growing stronger. Now the Munich-based automaker has unveiled two new electric cars on which nearly all of its hopes rest.
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