BMW raises target for EV sales, plans new electric-focused platform

BMW will launch the i4 electric sedan three months ahead of schedule. It will have ranges of up to 590 km in Europe's WLTP tests and up to 300 miles in the U.S. EPA tests. (Fabian Kirchbauer/Fabian Kirchbauer Photography)

By:

Staff and wire reports

March 17, 2021 07:35 AM

MUNICH -- BMW expects a significant increase in group profit in 2021 as it forecast a strong performance in all of its segments. The automaker also targeted a steep rise in electric-vehicle sales.

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