BMW recently announced that it will produce electric editions of its X1 SUV, and also its 5 Series sedan. The announcement comes as the German automotive company is working towards having 25 electric cars on the market by the year 2023. Both the X1 SUV and 5 Series sedan are currently available as plug-in hybrid cars, with 48-volt hybrid technology. BMW also sells those two vehicles in diesel and gas-powered iterations.
Expanding EV production to 25 available vehicles will help BMW capture more market share among eco-conscious consumers, who are also interested in luxury vehicles. The company also has a goal of having more than 7 million EVs in active use by the year 2030.
Image Credit: BMW
BMW Will Release Electric Editions of Its X1 SUV and 5 Series
Daniel Johnson — July 28, 2020 — Autos
References: bmwgroup & techcrunch