Green Car

BMW Q1 profit falls nearly 3% on currency, development spending

BMW's first-quarter operating profit slid nearly 3 percent due to currency headwinds and higher investment in new technologies such as self-driving cars.

Germany to introduce $4,500 subsidy for buying an EV

Germany announced a plan today to invest about 1 billion euros ($1.13 billion) to promote electric cars, which will include subsidies of 4,000 euros

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