The German car group BMW plans to build many more electric cars in the next three years.
According to CEO Oliver Zipse, production will be increased by another quarter of a million cars, to strengthen BMW’s position in the electric vehicle market.
In an interview, Zipse said that by 2023, approximately one-fifth of BMW’s sales should come from electric cars. That is now roughly 8 percent.
“We already had ambitious growth plans, and we want to expand our market position even further.”
Zipse said he was concerned that the transition to electric driving in Germany would be hindered by a lack of charging points in the country.
He, therefore, wants many more charging points to be added to meet the increasing demand. By 2030, there are expected to be 10 million electric cars in Germany.