German luxury automaker BMW is getting ready to mass-produce its own electric passenger car.
BMW inaugurated Friday what will be Germany's first factory to mass-produce battery-powered cars, committing hundreds of millions of euros -- as well as its prestige -- to the as-yet-untested market.
it would invest 400 million euros ($561 million) through 2013 in the production, which will be at a complex that already produces variants of the 1 Series model
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