BMW is preparing to launch its new i3 electric vehicle later this year while simultaneously discontinuing another EV model from its current lineup. The German automaker is making strategic adjustments to its electric vehicle portfolio as it navigates the competitive EV market.
The automotive industry continues to experience supply chain constraints and production capacity limitations that influence manufacturers' decisions about which models to prioritize. BMW's move reflects broader industry trends where automakers must balance their EV portfolios against manufacturing capabilities and market demand.