Tuesday, July 30, 2013

BMW launched all-electric vehicle

BMW has launched its first fully electric vehicle, hoping to rev up a market that has been slow to take off.

German car maker launched  its battery-powered i3 hatchback in New York, Beijing and London on Monday, vehicle has a carbon-fiber body produced by Japanese manufacturers. Car is nearly 300 kilograms lighter than the company's conventional hatchbacks.

BMW CEO Norbert Reithofer predicted that sales of electric vehicles to steadily rise.

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