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BMW is planning to grow its family of electric vehicles, ramping up its move into the world of electrification.

Speaking with Germen daily newspaper Augsburger Allgemeine, BMW chief executive Oliver Zipse said the automaker wants roughly 20 percent of its cars to be all-electric by 2023, compared to roughly 8 percent this year.

“We are significantly increasing the number of electric vehicles. Between 2021 and 2023, we will build a quarter of a million more electric cars than originally planned,” Zipse stated.

Read Also: Reserve Your BMW iX Electric SUV Build Slot For Just A Few Hundred Dollars In Australia

Zipse admitted that, in order for BMW to achieve its electric vehicle plans, the charging infrastructure needs to be improved.

“15,000 private and about 1,300 public charging points would have to be put into operation every week as of today. Unfortunately, we are a long way from that”, he added, as reported by Reuters.

The most important new electric vehicle to be launched by BMW is the 2022 iX. Long known as the iNext, the battery-powered SUV will rival the likes of the Mercedes-Benz EQC and Audi e-tron. It is similar in size to the BMW X5 and features a 100 kWh battery pack that should offer more than 300 miles (482 km) of range on the EPA test cycle. This battery pack powers a pair of electric motors that combine to deliver 496 hp, enough to send the SUV to 62 mph (100 km/h) in under 5 seconds.

Another important electric model being developed by BMW is the i4, a sedan that will rival the Tesla Model 3 and, in top spec, is tipped to pump out upwards of 523 hp.

BMW Concept i4

Tesla is finally going to launch in India, the world’s fifth-largest auto market, in 2021 according to the country’s transport minister and Elon Musk.

Talking to Indian Express, Nitin Gadkari said that Tesla will begin selling its vehicles in the country and then will decide on assembly and manufacturing depending on market demand.

Meanwhile, Elon Musk said on Twitter that Tesla will indeed enter the Indian market in 2021, just not in January as previously rumored.

Read More: Elon Musk Wanted Apple To Buy Tesla At $60 Billion Valuation, Tim Cook Wouldn’t Even Take Meeting

India is making efforts to promote electric vehicles in a bid to reduce the country’s dependence on oil, but so far these have been stymied by a lack of investment in manufacturing and infrastructure, including charging stations, Reuters reports.

The Indian government announced back in September that they plan to offer $4.6 billion in incentives by 2030 to companies in order to establish EV battery manufacturing facilities in the country. Just 3,400 EVs were sold locally during 2019, compared to 1.7 million ICE-powered passenger cars.

The first Tesla to become available in India will be the Model 3, the company’s most affordable vehicle, with prices starting at over $74,000 (5.5 million Indian rupees), almost double of what a base 2021 Model 3 costs in the USA.

Tesla, which recently joined the S&P 500 index, saw its shares increasing in value by over 650 percent in 2020, giving it a market evaluation of over $600 billion. This means the EV maker is more valuable than the nine largest automakers combined and makes Must the second richest person on Earth behind only Amazon’s Jeff Bezos.

Hyundai’s N Division has released more teasers of the upcoming Kona N, which is expected to premiere sometime next year.

The sporty crossover remains under wraps though, but we already know that it is based on the facelifted iteration, adding a specific body kit with bigger bumpers and side skirts, different grille and rear spoiler. The larger tailpipes, ‘N’ badging and new wheels will also be part of the makeover, whereas rounding out the design should be exclusive color options.

Watch Also: What Do You Think Of The Facelifted 2021 Hyundai Kona?

Although the interior has yet to be a secret, it should feature a 10.25-inch digital instrument cluster, alongside the 10.25-inch infotainment system, both of them perhaps with distinctive screens. It will also benefit from ambient lighting, body-hugging seats at the front and a selection of new materials, perhaps with contrast stitching and piping and revised trim.

With the Volkswagen T-Roc R in its sights, the Kona N will pack a turbocharged 2.0-liter four-cylinder. The engine is shared with the performance brand’s other models, and should kick out 246 HP and 260 lb-ft (353 Nm) of torque as standard. Opt for the Performance Package, though, and the numbers should increase to 276 HP and 289 lb-ft (392 Nm). The model is expected with front-wheel drive only, and customers might could choose between a six-speed manual or an eight-speed dual-clutch transmission.

 

 

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