In the US, BMW sold a total of 50,981 EVs last year, up 12% from the 45,417 sold in 2023. Something worth noting is that BMW’s fourth-quarter EV sales fell 3.5% from 5,274 in Q4 2023 to 13,876.
Logic would suggest that EVs should be less likely to breakdown because they have fewer mechanical moving parts than a traditional petrol or diesel model. Is that true?
Michael Nagle / Bloomberg via Getty Images Sunk costs refer to expenses that have already been incurred and cannot be recovered. In instances where sunk costs continue to influence either personal ...