Published on March 21st, 2014 | by Zachary Shahan2
BMW Aims For 100,000 Electric Vehicles Per Year By 2020, Compared To Tesla’s 500,000 & Nissan/Renault’s 1.5 Million
BMW is considered to be one of the major auto manufacturers that is more bullish about electric vehicles. It has built the BMW i3 and BMW i8 from the ground up, and it has already stated that it plans to have electric versions of all of its models.
Recently, BMW Chairman Norbert Reithofer said they were aiming to make 100,000 electric vehicles per year by 2020. Now, that may sound like a lot, but let’s put it into a little bit of perspective.
For one, by 2020, Tesla is aiming to build about 500,000 electric vehicles from batteries manufactured at its planned Gigafactory — a whopping 5 times more than BMW. Furthermore, the Renault–Nissan Alliance plans to sell about 1.5 million per year by that time. a cool 15 times more than BMW.
So, how aggressively is BMW really pushing the electric envelope?
Well, maybe it’s not pushing but being pushed. Reithofer also noted: “we will be forced to build them in a six digits figure to comply with stricter emission rules.”
Well then — thanks for being a leading innovator.