Tuesday, May 14, 2013

BMW Reportedly Investing €3 Billion to Develop its "i" EV Range


BMW will invest a total of €3 billion ($3.89 billion) for its range of “i” EV vehicles by the end of this year, according to a report from German newspaper Handelsblatt. The money comes from profits BMW makes in booming markets like China, Handelsblatt wrote, adding that the sum is based on calculations made together with the bank Credit Suisse. Read more »

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