BMW’s New Electric iBrand Sees Strong Demand

by Karl Utermohlen | November 21, 2013 11:40 am

BMW BMW's New Electric iBrand Sees Strong Demand[1]BMW appears to be making strides in its attempt to become one of the biggest producers of electric cars in the market.

The German carmaker’s global sales chief — Ian Robertson — said at the Los Angeles Auto Show on Wednesday that the company already has orders[2] for almost 10,000 of its i3 electric cars, according to Reuters. He added that the first batch of these already made their way to Germany last week. Robertson also mentioned the BMW i8 plug-in hybrid sports car which is scheduled for a mid-2014 release but it’s already sold out.

The i3 will make its way to the U.S. in the second quarter of 2014.

More Electric Car News

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/05/BMW.png
  2. the company already has orders: http://www.reuters.com/article/2013/11/20/us-autoshow-bmw-electric-idUSBRE9AJ17920131120?feedType=RSS&feedName=businessNews
  3. TSLA – Feds Open Official Safety Probe into Tesla Fires: http://investorplace.com/2013/11/tsla/#.Uo41BuJyXxA
  4. Electric Vehicles: 3 Pros, 3 Cons: http://investorplace.com/2013/09/electric-vehicles-3-pros-3-cons/#.Uo41DuJyXxA
  5. Volkswagen Wants to Be Electric Vehicle King: http://investorplace.com/2013/09/volkswagen-wants-to-be-electric-vehicle-king/#.Uo41EuJyXxA

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