Southern Network News (Reporter/Xu Fanghua) On March 16, the BMW Group's annual financial report was held in Munich, and the financial report showed that in 2021, a number of financial indicators of the BMW Group hit a record high, and the proportion of new energy products was also the highest in history. At the annual meeting, CHIPZE, chairman of the BMW Group, announced that the electrification process of the BMW Group will be accelerated again in 2022, and at the same time, the BMW Group will start the transformation and upgrading of global factories.
A number of financial indicators hit record highs
In the challenging 2021 fiscal year, the BMW Group successfully achieved various performance targets, with a number of financial indicators such as full-year earnings, pre-tax income and net profit reaching record highs. At the same time, the BMW Group has also successfully achieved its goals in related fields such as sustainable development: among them, the sales volume of new energy products of the BMW Group has soared to 13% of the total global sales volume in 2021, and its profitability has been greatly enhanced.
"The business development in 2021 proves that the transformation of the BMW Group has begun to bear fruit," Says Chiptzer said. It is reported that in the whole year of 2021, the BMW Group delivered a total of 2,521,514 vehicles worldwide, an increase of 8.4% year-on-year; of which new energy vehicles accounted for 13%, reaching 328,314 units. Total Group revenue amounted to EUR 111,239 million, representing an increase of 12.4% year-on-year. Group pre-tax income grew strongly to an all-time high of €16.06 billion, up 207.5% year-on-year. The Group's net profit also set a record high of EUR 12,463 million, an increase of 223.1% year-on-year. The profit to be distributed to shareholders amounted to 3,827 million euros, a record level of dividends per share.
2022 "Full of Electricity"
At present, BMW pure electric vehicle lineup has innovative BMW iX, innovative BMW i4, BMW iX3, etc., this year, will also add BMW 3 series, BMW 5 series, BMW X1 and other series of pure electric models, this year, BMW mass production and trial production of pure electric vehicle models will reach 15 models.
One of the most notable is the innovative pure electric BMW i7 that will debut in the world in April along with the new BMW 7 Series. Chiptzer said the new BMW 7 Series is the next trump card in BMW's successful growth strategy in the luxury car segment, and the model will be the first luxury car in the BMW luxury segment to offer an internal combustion engine, plug-in hybrid and pure electric drive.
With the rapid expansion of its product lineup, the BMW Group expects that the sales volume of electric models will also grow rapidly: by the end of 2025, the BMW Group plans to deliver a total of 2 million pure electric vehicles, and by 2030, it plans to deliver a total of 10 million pure electric vehicles to customers. At that time, the BMW Group's Rolls-Royce, BMW Motorrad and MINI brands will also be fully electrified.
In addition, as another focus of new energy technology, the BMW Group is steadily promoting the development of hydrogen fuel cell technology and announcing that the electric drive system based on this technology can also be applied to the "new generation" models. This year, the BMW iX5 Hydrogen fuel cell vehicle will also undergo small-scale mass production.
Define the production mode in the era of electric intelligence
At the annual meeting, the BMW Group presented a new standard for production networks – the BMW iFACTORY. Dr. Nordkovoch, Director of Production at the BMW Group, said that BMW iFACTORY offers a global solution to the transformation of production networks in the electric era as a way to redefine the future of automotive production.
Specifically, bmw iFACTORY contains three elements: lean, green and digital. Lean – efficiency, precision and a high degree of flexibility, as well as the ability to integrate different drive technologies and vehicle architectures into production – have become key factors in achieving a successful transformation. 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. This digital approach allows bmw group employees around the world to virtualize connectivity, and they can develop and plan in real time on the same platform.
It is reported that the BMW iFACTORY standard will be applied to all BMW Group plants around the world, including three vehicle plants and one powertrain plant at the Shenyang production site. With the official production of BMW's "new generation" models in 2025, the BMW Group's production network will also enter a new dimension.