New electric models will help BMW (BMWG.DE) and Daimler (DAIGn.DE) cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules.In a live-streamed event, following the cancellation of this week's Geneva motor show due to the coronavirus epidemic, BMW presented the i4 four-door coupe with a driving range of up to 600 kilometers, one of a number of new electric models it hopes will stimulate demand for battery-driven cars.
In a separate webcast, Mercedes-Benz owner Daimler was also bullish about prospects for its growing range of electric cars.
The European Union set automakers a target to cut carbon dioxide (CO2) emissions by 40% between 2007 and 2021, and has demanded a further 37.5% reduction by 2030.