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4/19, 9:28 AM (Source: TeleTrader)
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EVs to make up 25% of China sales by 2025 - BMW

Electric vehicles (EVs) will account for 25% of Bayerische Motoren Werke AG's (BMW) sales in China by 2025, according to the company's plans revealed by President and CEO of BMW Group Region China Jochen Goller.

The executive made the announcement at the 19th International Automobile Industry Exhibition in Shanghai on Monday.

He also disclosed that the number of automaker's electric vehicle models for the Chinese market will be increased to 12 by 2023.

Breaking the News / MS