Global Crisis

Bloomberg News reported this morning that BMW has raised i3 production an additional 43%. They got that information directly from BMW board member and production chief, Harold Krueger. What that means is instead of the 70 units a day that was previously reported, BMW is now making 100 i3's every day which amounts to around 23,000 units per year. They already have built 5,000 cars in 2014 which works out just about exactly to the 70 units a day that BMW claimed they were making.


This announcement from Krueger comes only a couple weeks after it was revealed that BMW has ordered additional molding machines that make body shell components. The additional equipment obviously hasn't been installed yet so it's likely when it is installed BMW will have the ability to increase production even further. This is all good news for BMW and the EV industry in general, as it continues to demonstrate that there is definitely a healthy demand for electric cars that people find desirable.