BMW gears up to mass-produce electric cars by 2020

FRANKFURT/MUNICH, Germany — BMW is gearing up to mass-produce electric cars by 2020 and will have 12 different models by 2025, it said on Thursday. Car buyers shunned electric vehicles because of their high cost and limited operating range until Tesla unveiled the Model S in 2012, a car that cracked the 200-mile (322 km) range barrier on a single charge.