Electric vehicles (EVs) are increasing market share, cars are becoming more connected, and autonomous vehicles are gradually starting to appear on more streets worldwide. However, the transition to new technologies has not been without challenges and kinks, especially with consumer sentiment in the EV sector, according to the Annual Mobility Survey by the respected McKinsey & Company consultancy. Respondents came from China, Europe, and the United States. The 2025 survey released today is ongoing. It will eventually include respondents from nine countries [an unknown number of which Trump wants to takeover – AutoCrat].
“After rising rapidly for years, EV sales growth has slowed in many regions. Meanwhile, new competitors, especially those from China, are entering the EV market and attracting attention by offering innovative and technologically-sophisticated vehicles that are often more affordable than offerings from incumbents,” according to the detailed, multi-sourced McKinsey analysis.* Continue reading →
Milestones – Seven Million U.S. Assembled BMWs
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BMW Manufacturing celebrated a historic milestone this past April as the seven millionth BMW rolled off the assembly line in Spartanburg, SC. To commemorate this event, associates assembled a BMW ALPINA XB7 painted ALPINA Green Metallic and powered by a 4.4-liter BMW ALPINA Bi-Turbo V8, 32-valve engine, rated at 631 horsepower. This ALPINA XB7 will remain at the factory and become part of the BMW historic collection.*
“This beautiful BMW ALPINA XB7 is a testament to the great products we have, the quality of our supplier network, and the unwavering commitment and dedication of our valued associates,” said Dr. Robert Engelhorn, president and CEO of BMW Manufacturing. “For over 30 years, BMW has proudly invested in South Carolina and its people, creating a remarkable legacy. We are excited about our future as we prepare to assemble fully electric vehicles at this plant.” Continue reading →