BMW Suffers From EV Price Crater

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on BMW’s EV challenges as used i3 models are now available for under $20,000. While this benefits consumers, it undercuts BMW’s ability to sell new EVs. Facing stiff competition from affordable Chinese EVs globally, BMW’s struggle to gain a foothold in the market may deepen as used car prices continue to decline.