BMW Dominates Electric Car Market as Mercedes Struggles

BMW is leading the way in electric car sales among traditional luxury carmakers, with a 92.6% increase in BEV sales year-over-year. The BMW iX and i4 models are driving this growth, with the iX seeing a year-over-year increase of 281%. Mercedes is in second place with a 97% increase in BEV sales, while Audi's numbers have not been released yet. In other news, Unifor, Canada's autoworker union, has gone on strike against GM after failing to reach a contract agreement, and bankrupt Lordstown Motors' assets have been purchased by its former CEO. Additionally, Škoda is re-entering the Kazakhstan market, aiming to capture a 5% market share by 2028.