BMW Looks To Increase Electric Car Sales This Year

Like many car companies, BMW is hoping to very quickly increase their total number of electric vehicles sold sooner rather than later. They hope to sell roughly 150,000 cars next year which would be up from around 100,000 EV sales this past year. This decision is largely impacted by the following factors:

Meeting Market Demand
Higher Focus On Sustainability
Economic Sense
Meeting Market Demand

It’s no secret that electric vehicles are in higher demand than ever. In fact, some automakers, such as Tesla, have had a hard time meeting the overwhelming demand that they’ve seen. By expanding their footprint on the EV market, BMW is positioning themselves very well to capitalize on this high demand.

Higher Focus On Sustainability

The current generation is more focused on sustainability than ever before. In fact, market trends have shown that some people are even willing to pay more for a product that has positive environmental attributes. By offering more of their electric vehicles to the public, BMW is giving the consumer what they’ve been asking for for years.

Economic Sense

The federal government and even many states offer rebate programs to encourage the purchase of electric vehicles. Many people are of the mindset that if to products are the exact same price, they are more likely to choose the one which is better for the environment. These incentive programs allow electric vehicles which have lower carbon emissions be viewed on the same playing field as more traditional fossil fuel powered vehicles in terms of price.

BMW has long been a forward thinking automaker and this trend still holds true today with their focus on electric vehicles.

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Carl Michael
Carl Michael captivated with the gleaming catches inside his awesome uncle's Buick Electra, it didn't take him long to get snared on the auto culture; both in the city and in hustling. Carl has worked for a noteworthy oil organization as a business agent covering a region of 40 corner stores. A while later, he turned into an escort to high positioning legislators and government authorities. Through happy stories, he investigates the connection amongst Driver and Machine. When he is not caught up with expounding on autos, he appreciates driving his 1997 Lincoln Mark VIII LSC or his 2001 Ford F150 7700.