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BMW sees low priced gasoline as a threat to the feeble electric car sales

2015-01-20 11:02:53| Auto Dealers - Topix.net

The Germany-based BMW Ag, the world's largest premium automaker, warns now that having cheap gasoline in the long run would make electric cars an even harder sell to customers. The luxury carmaker has invested billions of dollars into developing cutting-edge technology for its "i" range of cars that include today the battery-electric city dweller i3 and top of the range plug in hybrid i8.

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