BMW’s balance of power

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BMW already has a 6% share of the market for new registered battery electric and photovoltaic electric vehicles but to meet the increase in demand in the coming years it has plans to have 1m fully electric and hybrid vehicles on the road by the end of 2021. In preparation it is moving battery production closer to its main areas of global assembly 

Already at the head of the pack, BMW has ambitious plans to take a sizeable chunk of the growing market for electrified vehicles and is localising lithium-ion battery manufacture at locations around the world to keep the transport of them to a minimum

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