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Wednesday 26 June 2019

BMW pulls ahead its electrification plans by two years

Just eight weeks ago, at its annual shareholders meeting, BMW announced that it will build 12 new all-electric cars by 2025, along with 13 plug-in hybrid models. 

Now the company has moved up that schedule by two years and says it will have 25 new "electrified" models on the market by 2023, and that the majority of them will be fully electric.

At its #NextGen technology conference in Munich on Tuesday, BMW Chairman Harald Krüger told the media and investors, "we are moving sustainable mobility up a gear," in response to increasing demand for electric cars. Krüger said the company expects sales of electric cars to increase by 30 percent per year through 2025.


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