BMW boosts EV production goals as iX Tesla-rival SUV nears launch

BMW plans to increase its electric vehicle production, boosting the number of EVs it intends to make between 2021 and 2023 in response to what the automaker sees as a greater shift toward electrification. The news comes not long after BMW revealed the BMW iX, a luxury electric SUV that it intends to be its first to launch in the US.