BMW the German car maker has announced on Tuesday they are to reach their 25 electric vehicle models target by 2023.
Harald Kruger, chairman of the BMW board said, “We are moving up a gear in the transformation towards sustainable mobility, thereby making our company fit for the future.
“Over the past two years, we have consistently taken numerous decisions that we are now bringing to the roads.
“By 2021, we will have doubled our sales of electrified vehicles compared with 2019.”
He further said he expects sales of the vehicles to increase by an average of 30% per year. BMW also announced that they will only buy electricity for all their locations in 2020, from renewable energy sources.
Kruger added, “We fulfil our social responsibility, in all its different facets.
“We are firmly committed to emission-free driving. At the same time, we stand by our corporate responsibility towards our employees, shareholders and investors.”
Stephen Jones, UK finance chief executive said yesterday, “Achieving net zero carbon by 2050 is a difficult but critical target that we must all work together to address and as an industry we stand ready to respond.”