BMW takes ‘great leap forward’ into electric car market
"BMW on Monday took the bold strategic step of revealing its first all-electric car, and said it plans to clinch a significant share of a market still in its infancy. The series-produced model will go on sale in Europe in November to be followed in the United States, China, Japan and several other markets in the first half of 2014. It will hit the German market at a price of 34,950 euros ($46,438) and has a range of 130 to 160 kilometres (about 80 to 100 miles). The Munich-based company trumpeted technological features of the model, which can seat four, including a carbon fibre passenger cell to help offset the weight of the batteries and an aluminium chassis." Continue reading →