Vehicle Electrification on the Rise

Posted by MarketsandMarkets on Aug 6, 2019 3:36:37 PM

BMW, the German luxury car manufacturer, has accelerated its vehicle electrification plans by introducing the Fifth Generation Architecture, as the company calls it. With the implementation of this architecture, BMW plans to deliver 25 electrified models on roads by 2023, which is 2 years earlier than the company had planned. According to BMW, more than half of these 25 new vehicles will be fully electric.

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Topics: Vehicle Electrification Market, Vehicle Electrification, German luxury car manufacturer, Vehicle electrification technologies

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