With the death of internal combustion-engine vehicles coming in the foreseeable future, prominent automakers have had to adapt. In fact, automakers like Nissan, Chevrolet, Ford, and BMW have already dipped their toes into the EV scene with a variety of hybrid and fully electric vehicles. German car manufacturer Bayerische Motoren Werke AG (OTC: BMWYY) (“BMW”) recently announced that it will launch an expanded line up of nine models as part of an ambitious 10-year growth plan. Two models, the new i5 and i7 saloons will headline the plan.
The new electric cars are part of the automaker’s new ‘Power of Choice’ sustainability plan, which is designed to help BMW compete against rival brands like Tesla, Audi, Mercedez-Benz, and Jaguar as well as to help the company meet targets that would allow it to further cut down the C02 output of its new models. BMW has committed…
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