After the luxury auto manufacturer's battery vehicle deliveries more than doubled during the first half of the year

BMW AG is increasing expenditure on its electric vehicle deployment.

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As a result of the level of consumer interest in EVs

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As a result of the level of consumer interest in EVs, BMW is "investing more than originally planned in the global ramp-up of e-mobility,

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According to Chief Financial Officer Walter Mertl

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The amount spent on development during the second quarter increased by almost a fifth, reaching €1.84 billion ($2 billion).

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In the first half, sales of battery-powered vehicles accounted for around 13% of total deliveries

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Driven mostly by interest in popular models like the i4 sedan and iX3 SUV.

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