At the annual earnings conference held on March 16, the BMW Group announced that the electrification process will be accelerated again: in 2022, the mass production and trial production of pure electric vehicle models will reach 15; the "new generation" model based on the new structure will begin trial production in 2024 and be unveiled in 2025; by the end of 2025, the BMW Group plans to deliver 2 million pure electric vehicles worldwide, when half of the cars BMW will sell every year will be electric vehicles.
At the same time, BMW announced the launch of the global factory transformation and upgrading, proposing a new standard for the production network - BMW iFACTORY, which serves future electric vehicles and will be applied to all BMW Group plants around the world, including three vehicle plants and a powertrain plant at the Shenyang production base.
In 2021, the group sold 2.52 million vehicles and record net profit
For the full year of 2021, the BMW Group delivered a total of 2,521,500 vehicles worldwide, an increase of 8.4% year-on-year; of which new energy vehicles accounted for 13%, reaching 328,300 units. The Group's total revenue was 111,239 million euros, an increase of 12.4% year-on-year, pre-tax income achieved strong growth, reaching a record high of 16.06 billion euros, an increase of 207.5% year-on-year, and net profit also set a new record of 12,463 million euros, an increase of 223.1%.
The automotive business contributed 95,476 million euros to the BMW Group, an increase of 18.1% year-on-year. EBIT margin reached 10.3%. BMW Motorcycle delivered a total of 194,261 units to customers last year, an increase of 14.8% year-on-year. Revenue from the motorcycle business increased by 20.3 percent to EUR 2,748 million and profit margin before taxes (EBIT) was 8.3 percent.
For the full year last year, BMW invested 6.299 billion euros in research and development, an increase of 10.7% from the previous year, mainly in areas related to new vehicle architectures and electric product offensives, as well as research and development of digital products and autonomous driving.
i7 debuted in April This year's mass production and trial production of 15 new cars
In 2022, the number of mass-produced and trial-produced pure electric vehicle models will reach 15, covering about 90% of the market segment. In addition to the innovative BMW iX, innovative BMW i4, BMW iX3 and other models that have already been launched, there are also pure electric models of the BMW 3 Series, BMW 5 Series, BMW X1 and other series. The "new generation" model based on the new structure will start trial production in 2024 and be unveiled in 2025; by the end of 2025, the BMW Group plans to deliver 2 million pure electric vehicles worldwide.
For BMW, the most important thing this year should be the replacement of the 7 Series, the new generation of the 7 Series will be the first BMW Group to provide internal combustion engine, plug-in hybrid and pure electric drive three versions of the model, and will also become the first BBA flagship model to achieve a diversification of drive methods. Among them, the BMW i7, which is a pure electric version, will be released simultaneously.
BMW i7 road test spy photo
The i7 will be the flagship model of the i series, its maximum power is expected to reach more than 650 horsepower, the long-endurance version has a range of 700 kilometers, and will be available in a long-axis version. At present, it is reported that the i7 will provide three different versions, namely i7 eDrive45 single motor rear drive, i7 xDrive50 and i7 M60 are dual motor four-wheel drive, and the M version will provide a three-motor layout, the energy i740 and i750 battery capacity is 80-100kWh, the cruising range is 470km, the i7 M60 battery capacity is 120kWh, and the cruising range can reach 650km-700km.
In 2024, BMW will launch its first model based on a new architecture and equipped with a sixth-generation eDrive electric drive system, which will feature a completely redesigned IT and software architecture, a new generation of high-performance electric drive systems and batteries, and a new sustainable concept throughout the vehicle lifecycle. BMW says the sixth-generation eDrive electric drive system combines performance and cost control with new chemical and battery form.
By 2030, at least half of BMW's total global sales will be pure electric vehicles, the annual sales volume of pure electric vehicles will exceed 1.5 million, and BMW's cumulative delivery of pure electric vehicles in the world will reach 10 million pure electric vehicles. At that time, BMW's three major brands, including Rolls-Royce, BMW Motorrad Urban Mobility series and MINI brands, will also be fully electrified.
The new standard for the production of electric vehicles – BMW iFACTORY
BMW iFACTORY represents BMW's strategic vision for production: lean, green and digital. Lean, i.e. efficiency, precision and a high degree of flexibility, as well as the ability to integrate different drive technologies and vehicle architectures into production. Green refers to production through state-of-the-art technology, minimal resource consumption, and circular economy model. The BMW Group aims to reduce the carbon footprint of bicycles in production by 80% compared to 2019 by 2030. Digitalization, on the other hand, represents the use of data science and artificial intelligence in production, and the integration of the real and virtual worlds in planning and development.
All BMW Group plants worldwide will follow iFACTORY standards, whether it is the upcoming construction of the debrecen plant in Hungary or the century-old Munich plant in Germany. Construction of the Debrecen plant in Hungary is scheduled to break ground in June this year, and in 26 months the prototype of the Neue KLASSE will roll off the production line here, and in 2025, the "new generation" model will be officially put into production at the plant.
The editor said: What is a BMW electric car? How many units does the i4 sell in a month? Never seen on the sales list, iX3 is not an oil to electricity? However, last year, BMW sold 328,300 electric vehicles worldwide, which is not quite consistent with the impression of BMW electric vehicles in my mind, I don't know if you are surprised? This data is more than the sum of the sales of the three companies last year, and then look at yesterday's Volkswagen financial report data, Volkswagen last year's electric vehicle sales of 453,000 vehicles, although the network Wei Xiaoli earned enough attention, back to reality, sales still belong to the traditional giants.