BMW will challenge Tesla and Mercedes by launching 12 electric cars by 2025 (TSLA)

BMW

MUNICH — Germany's BMW on Thursday said it will have 12 electric cars on offer by 2025 as it prepares to unveil a new four-door zero-emissions model at the Frankfurt auto show.

"By 2025, we will offer 25 electrified vehicles – 12 will be fully-electric," Chief Executive Harald Krueger told journalists at an event in Munich, adding that electric cars will have a range of up to 700 kilometers (435 miles).

The Frankfurt show, which starts next week, will be used to unveil a new four-door electric car positioned between the i3 city car and the i8 hybrid sports car, Krueger said.

"We will be increasing the share of electrified models across all brands and model series. And, yes, that also includes the Rolls-Royce brand and BMW M vehicles," Krueger said.

BMW is investing in its factories to enable all of its models to be equipped with all variants of powertrain by 2020, including fully electric variants, should demand for zero-emission vehicles take off.

(Reporting by Irene Preisigner and Edward Taylor)

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