China set to remain world's largest NEV market: BMW CFO

STORY: China set to remain world's largest NEV market: BMW CFO DATELINE: May 11, 2022 LENGTH: 00:02:13 LOCATION: Berlin CATEGORY: ECONOMY SHOTLIST: various of new energy vehiclesvarious of BMW production linesSOUNDBITE 1 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AGSOUNDBITE 2 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AG STORYLINE: China will continue to be the world's largest new energy vehicle (NEV) market for years to come, said Nicolas Peter, chief financial officer (CFO) and member of the Board of Management of BMW AG, in a recent exclusive interview with Xinhua. SOUNDBITE 1 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AG "China is already today as the world's largest NEV market in 2021. So last year we have seen the NEV sales in China growing by 170 percent on a year-on-year basis. The strong momentum continued in the first quarter, 2022 when the Chinese NEV market posted a nearly 140 percent growth despit