GENEVA (AP) — Top automakers are vowing not to give up on weak-selling electric vehicles – even as they unveil an array of powerful luxury cars with conventional engines aimed at a growing global automarket.
BMW AG CEO Norbert Reithofer said Tuesday at the Geneva International Motor Show that his company cannot do without battery-powered vehicles such as its i3 urban compact.
“In the future, electric drive vehicles will be in demand,” he said, adding that the Munich-based automaker could not meet its targets to reduce emissions without them.
Only about 75,000 of the 12.5 million vehicles sold last year in Europe were …read more
Source: KXAN
