BMW Is Reportedly Set to Develop Electric Minis and SUVs

BMW may currently be torn over whether it should expand its electric-car efforts, but a new report says the expansion is going to go ahead. German business publication Handelsblatt reported Monday that the company was planning to restructure its board and develop electric versions of its Mini, BMW3 series and X4 SUV models. The publication said BMW’s board was “expected to approve the new electric models during a two-day meeting at the end of the month.” The reported board changes will include the replacement of chief financial officer Friedrich Eichiner by Nicolas Peter, BMW’s current European sales chief.