Fossil fuel front mag BNEF tried to pitch BMW not bringing its i3X to the US market on what it says is a big shift in US policy that will radically slow EV adoption through 2040. Can you see what a utter piece of sponsored lying bs BNEF is? It says BMW dealers refused bringing the EV to the US. But we know the truth is more likely the BMW dealers didn't want the thrashing from Tesla like with 3 Series and BMW was chicken because the BMW i3X won't be able to compete with the Tesla Model Y any better (in fact very likely worse) than the BMW 3 series did with the Model 3. This doesn't seem to be an overstatement because as we also know BMW won't be bringing its top X Series to the US, it cancelled it after originally scheduling it, because its simply not competitive with Tesla products. It is fearing the route it will face. But its existing X series products won't do any better. This will make it incredibly hard for it to continue to make its profit and revenue claims- like where it says its been doing great on profit and revenue but we never see new BMWs in CA anymore. Comparisons are never done between Tesla products and BMW in the mainstream auto mags to the point that it seems they must be anti sponsored by BMW because it can never win not even on the hatchet job type stuff so it shuns comparison all together. People who have enough awareness of auto to accept a premium for BMW type products won't want the the added complexity of chimera type PHEV/hybrid products because that is asking for trouble and expense and they won't want the design compromised by repurposed ICE either. They will also understand that the iX3 can't compete with the Model Y on anything except paint which is likely to be quite temporary. Seems Canada Pension Investment fund has just added former BMW CEO Kruger to its board. How curious. This is a fund that invests pensions for 19 million Canadians and is constantly in trouble for money losing unethical fossil fuel investments e.g., in coal and Duke and and Carnival Cruise and now they are going to be adding a man that absolutely could not understand that fossil fuels were going away no matter what- BMW replaced him with a clone protege but now its had an investor triggered board reshuffle. This is how it works a revolving door cronies. Wonder if the board "reform" which is all low key will raise the IQ of the organization. This is the bad kind of socialism where someone that so in the pocket of fossil fuels is now fit to push this on a pension board to socialize ever increasing never ending fossil fuel losses. And BMW now is investing in long tail pipe scams like Prometheus and in marine bio fuels which take up crop land and irrigation water.
