BMW Eyes China as Biggest Electric Car Market by 2019

According to a report by Bloomberg, BMW sees China as the world’s largest market for electric vehicles aided by the Chinese government’s investments in charging infrastructure and greener cars.

Karsten Engel, Head of BMW China, says that by 2019, the Chinese market will become the largest market for electro-mobility. “We expect that the Chinese car market for electro-mobility will become the largest markets for those cars in a few years,” Engel told reporters after a ceremony in Shanghai yesterday. “Because you have supply now, there are cars coming on the market. We are coming with ours, others are coming as well.”

BMW China has recently signed a partnership with Shanghai’s municipal power company who will build public charging points. The public charging points at the former Expo site in Shanghai will be compatible with EVs made by BMW and other brands, including BYD and SAIC Motor, though not for Tesla’s cars.