BMW says it plans to offer electric X3 SUV and Mini models

Reuters News
|
Posted: Sep 30, 2016 12:13 PM

By Joseph White and Edward Taylor

(Reuters) - German luxury auto maker BMW AG <BMWG.DE> said Friday it will offer all electric versions of its next generation BMW X3 compact sport utility vehicle and electric Mini models, expanding its entries in the emerging electric luxury vehicle market.

BMW confirmed a report earlier Friday by Bloomberg News.

Reuters reported Sept. 9 that top BMW executives were skipping Paris auto show events this week to resolve differences over electric vehicle strategy. BMW faces increasing pressure from German rivals Daimler AG <DAIGn.DE> and Volkswagen AG <VOWG_p.DE> as well as Tesla Motors Inc <TSLA.O> of the United States, which have outlined their own aggressive plans to court affluent buyers -- and respond to regulators -- with new electric vehicles.

(Reporting By Joe White; Editing by Chizu Nomiyama)