BMW Says 20 Percent of its Vehicles will be Electric by 2023

German luxury automaker BMW announced on Sunday afternoon it is planning to step up its production of electric vehicles by the year 2023 up to 20 percent.

German luxury automaker BMW announced on Sunday afternoon it is planning to step up its production of electric vehicles by the year 2023 up to 20 percent.

“We are significantly increasing the number of electric vehicles. Between 2021 and 2023, we will build a quarter of a million more electric cars than originally planned,” BMW Chief Executive Oliver Zipse told German daily Augsburger Allgemeine for its Monday edition.

The company’s Chief Executive also told the newspaper that, the German automaker wants rough roughly every fifth car it sells to be fully powered by an electric engine by the year 2023, compared to nearly 8 percent this year. Zipse also reiterated his call to speed up the expansion of charging infrastructure.

“15,000 private and about 1,300 public charging points would have to be put into operation every week as of today. Unfortunately, we are a long way from that”, Zipse told the newspaper.


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