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BMW expands electric push as it looks to get an edge over peers

  • BMW (OTCPK:BMWYY) says it will make electric versions of its popular 5 Series sedan and X1 compact SUV as part of a target to lower carbon emissions per vehicle by a third by 2030.
  • The German automaker didn't say when the EV versions of the 5 Series and X1 will hit showrooms.
  • BMW has stated previously that it aims for a third of its cars sold in Europe to be electric by 2025.
  • BMW vs German peers.

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