BMW accelerates rollout of electric cars to catch up with rivals
BMW has accelerated its plans for the roll-out of electric models in a bid to convince investors it is capable of catching up with rivals, according to a . The it will release 25 fully electric or hybrid models by 2023, two years earlier than previously announced. 鈥淲e expect to see a steep growth curve towards 2025: Sales of our electrified vehicles should increase by an average of 30 percent every year,鈥� said BMW CEO Harald Kr眉ger.
While it was one of the first major carmakers to sell a specifically designed electric car, the i3, BMW is now seen as trailing the competition in the shift to electric mobility. In contrast, VW has moved from laggard to pioneer with a decarbonisation plan green NGOs called a 鈥済ame changer鈥� for the industry.
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