Oliver Zipse, BMW CEO, predicts the shortage of semiconductors is going to remain a problem into 2023.
BMW delivered 2.21 million vehicles last year, 9.1% more than the previous year, while also doubling its sales of EVs.
BMW revealed the world's first color-changing car at the CES exhibition in Las Vegas.
Car executives battling lower production due to lack of semiconductors
Italian sports car maker Lamborghini unveiled Tuesday a $1.8 billion electrification plan for its luxury vehicles
BMW expects at least half of its sales to be zero-emission vehicles by 2030
The series, which is now an FIA-backed world championship, is due to move to a third generation of cars in 2022.
Volvo notched a sixth straight annual sales record in 2019, of more than 700,000 cars
Shares in BMW fell 3%
Starting next year, BMW will offer five fully-electric cars including the MINI Cooper SE