About: http://data.cimple.eu/news-article/8c16f16a2dad0290924dd325f4b1ea2ca7d069cb88ff76e7550c59a9

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About: http://data.cimple.eu/news-article/8c16f16a2dad0290924dd325f4b1ea2ca7d069cb88ff76e7550c59a9 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	German luxury automaker BMW said Wednesday it expected a "significant increase" in profit before tax this year and would speed up its transition to electric vehicles as the economy recovers from the coronavirus pandemic. For 2020, the company reported a 23-percent slump in net profit to 3.9 billion euros ($4.6 billion) compared with 2019 as the health crisis battered the economy. BMW said it was determined to build on the upturn that begun in the second half of last year, bringing forward the launch of its key electric car the i4 and hiking sharply its sales forecasts for the new vehicles. Over the next 10 years, it said it now expected sales of 10 million all-electric cars, up from the four million previously estimated. BMW has been one of the trendsetters in electric vehicles with its i3 model but more recently has fallen behind Elon Musk's Tesla. The company said that after a 13 percent increase in the electric market in 2020, growth will pick up to "more than 50 percent" over the next five years, followed by 20 percent annual gains through to 2030. By 2030, half of its car sales will be electric-powered models, it said. ys/bmm/hmn/
schema:headline	BMW expects 'significant' rise in 2021 earnings
schema:mentions	BMW Electric car Tesla Model 3 Elon Musk Pandemic Severe acute respiratory syndrome coronavirus 2 Inline-four engine BMW i3 Human-powered helicopter
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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