Sales Are Booming for BMW's Electric Car
It won't even be released in Europe for another month -- and it won't get to the U.S. until next year -- but already, sales for BMW's electric i3 have been strong. BMW's CFO said this past week that the company already has 8,000 preorders for its first mass-produced electric car -- and BMW is already looking at increasing its production capacity.
Does this mean that electric cars are finally ready for prime time? In this video, Motley Fool contributor John Rosevear looks at how the new BMW stacks up against Tesla Motors' hot Model S sedan -- and at how the i3 could be BMW's first step in a big push onto Tesla's turf.
This tech stock is drawing big investments from The Motley Fool
This incredible tech stock is growing twice as fast as Google and Facebook, and more than three times as fast as Amazon.com and Apple. Watch our jaw-dropping investor alert video today to find out why The Motley Fool's chief technology officer is putting $117,238 of his own money on the table, and why he's so confident this will be a huge winner in 2013 and beyond. Just click here to watch!
The article Sales Are Booming for BMW's Electric Car originally appeared on Fool.com.Fool contributor John Rosevear owns shares of General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends BMW, General Motors, and Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.