BMW head defends E-Mobility strategy

Written By Unknown on Kamis, 18 April 2013 | 19.50

BMW boss Norbert Reithofer has defended his company's costly entry into the electric car market. Source: AAP

BMW boss Norbert Reithofer has defended his company's costly entry into the electric car market, despite signs that German motorists are fighting shy of the new, green technology.

"The need to go down new roads when the parameters change is not something that can be delayed or ignored," said Reithofer in Stuttgart at a recent symposium.

"It is far too short sighted to regard the German market as the sole benchmark of electro-mobility success," said the BMW executive.

BMW is poised to launch its first all-electric car at the end of 2013, the lightweight i3, on which the company has pinned many long-term hopes.

Manufacturers in Germany have encountered resistance to all-electric cars and they are set to fall short of a federal government target of 25,000 all-electric cars sold in 2012, as program leader Christina Tenkhoff told journalists at the recent Hanover industrial trade fair.

Experts doubt whether the aim of getting one million electric cars on German roads by 2020 is actually feasible. At the moment alternative propulsion accounts for only 1.3 per cent of cars sold in Germany.

But BMW boss Reithofer remains unperturbed .

"The market punishes those who do not act," he said. In Beijing or Shanghai where car ownership is soaring, the authorities have begun rationing number plates for new vehicles to limit the number on the roads, he added.

"Initiatives like these could give the introduction of all-electric cars a tremendous boost," said Reithofer.


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