BMW to Increase Plug-in Sales by 50 Percent for 2018

By Chad Kirchner Facing ever-changing regulation and increased competition, BMW AG is setting a global sales target of 150,000 plug-in hybrid and fully-electric vehicles for 2018.
While 150,000 vehicles is a small percentage of a total of 2.4 million delivered in 2016, it would represent a 50 percent increase over the current volume. BMW’s competitors are steadily increasing their offerings while European regulators are clamping down on internal combustion engines.
BMW is currently the largest seller of hybrid and electric cars in Europe. BMW’s goal of increasing this number is from plug-in hybrid and EVs, and not traditional hybrids.
“We’ll definitely boost sales by a mid-double

Read Full Article Here

For more great articles:

(Visited 1 times, 1 visits today)



© 2014 RenewaNews