12 Biggest EV Stocks In the World Heading into 2025

7. Bayerische Motoren Werke AG (OTCPK:BMWKY)

Number of Hedge Fund Holders: N/A

Market Capitalization: $49.6 Billion

Bayerische Motoren Werke AG (OTCPK:BMWKY) is a global company that designs, manufactures, and sells automobiles, motorcycles, spare parts, and accessories. It operates in three segments: Automotive, Motorcycles, and Financial Services. The Automotive segment produces cars and related products under the BMW, MINI, and Rolls-Royce brands. The Motorcycles segment manufactures motorcycles and scooters under the BMW Motorrad brand.

In Q3, BMW Group faced challenges due to technical issues related to the Integrated Braking System (IBS) and weak demand in China. Despite these setbacks, BMW saw a 10.1% rise in BEV deliveries, with fully electric vehicles accounting for 19.1% of sales. In Europe, BMW’s sales grew by 7.6%, strengthening its market position, while sales remained stable in the US. The company plans a significant inventory reduction in Q4 and confirmed its auto free cash flow forecast. The BMW Group anticipates increasing deliveries in Q4.

In China, BMW is focusing on growing its BEV market share, with the MINI and other electric models being produced locally to mitigate costs. The company is adapting to the shifting powertrain demand, preparing for the BEV shift by 2030 with new technology and a flexible approach to powertrains.

At the company’s latest earnings call, the company’s CEO Oliver Zipse also mentioned that BMW benefits from having local production facilities in both the U.S. and China, which provides natural protection against tariff changes. In the U.S., more than two-thirds of their production is sold domestically, while in China, 85% of their sales are locally produced. This local manufacturing footprint helps BMW mitigate the impact of potential tariffs, providing a competitive advantage in these markets.