BMW increased its research and development spending by 5.2% year on year in 2022 as it made significant steps towards launching its next-generation electric line-up.
The company’s R&D investment last year totalled €6.6 billion (£5.9bn), with funds going to the Neue Klasse programme.
This will usher in the next era for BMW, bringing the electrification of the long-running 3 Series nameplate with a model previewed by the i Vision Dee concept car.
