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BMW aims to have sold 500,000 hybrid, electric cars in two years

Staff Writer | December 21, 2017
BMW aims to more than double the number of electric and hybrid vehicles it has sold to 500,000 by the end of 2019, chief executive Harald Krueger told WirtschaftsWoche.
CEO Harald Krueger
Auto industry   CEO Harald Krueger:
In 2018 alone, deliveries of electrified vehicles are to rise by a "medium double-digit percentage", he said.

The group said it had hit its target of selling 100,000 fully electric cars this year around the world, benefiting from strong demand in western Europe and the United States for models such as the i3 and the 2-series plug-in hybrid Active Tourer.

He said the carmaker would nonetheless keep making and selling cars with combustion engines to help finance a gradual shift to electrified cars.

Unlike his peer Matthias Mueller, the CEO of Volkswagen, he rejected the idea of doing away with tax subsidies for diesel.

"Bearing customers in mind who bought diesels, that is unjustifiable," Krueger said.