No Mass-produced BMW EVs Until 2020; Buyers Couldn’t Handle the Cost, CEO Says

Luxury automakers aren't in the business of losing money, and BMW doesn't want to take a hit just because futurists claim the era of EVs is now. Until it has fifth-generation electric vehicle technology on hand, the German automaker plans to go easy on EV production, CEO Harald Krüger told analysts Wednesday. While Bimmer's long-range plans […] The post No Mass-produced BMW EVs Until 2020; Buyers Couldn't Handle the Cost, CEO Says appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA