BMW 2 years ahead of schedule as it ups the pace of its E-mobility expansion program
BMW Group will now reach its target of 25 electrified models in 2021 which is two years earlier than they had originally planned. Thanks to flexible vehicle architectures for fully-electric, plug-in hybrid and combustion engine drive trains, the company has been able to respond quickly to changing conditions. More than half of the 25 models will be fully electric.
“We are moving up a gear in the transformation towards sustainable mobility, thereby making our company fit for the future: Over the past two years, we have consistently taken numerous decisions that we are now bringing to the roads. By 2021, we will have doubled our sales of electrified vehicles compared with 2019,” said Harald Krüger, Chairman of the Board of Management of BMW AG, in Munich on Tuesday.
“We will offer 25 electrified vehicles already in 2023 – two years earlier than originally planned. We expect to see a steep growth curve towards 2025: Sales of our electrified vehicles should increase by an average of 30 percent every year.”
As an e-mobility pioneer, the BMW Group is already a leading supplier of electrified vehicles. By the end of 2019, the company aims to have more than half a million vehicles with fully-electric or plug-in hybrid drive trains on the roads.
Within two years, the company will offer five fully-electric series-production vehicles: Alongside the BMW i3, with more than 150,000 units built to date, this year will see the start of production of the fully-electric MINI at Plant Oxford (UK). This will be followed in 2020 by the fully-electric BMW iX3 from Shenyang (China) and, in 2021, by the BMW iNEXT, which will be produced in Dingolfing (Germany), and the BMW i4 from Plant Munich (Germany).
Credit: BMW