The BMW Group announced that cumulative sales of electric vehicles will increase to 2 million by 2025 and one-half of electric vehicle sales by 2030. In the case of MINI, it will move to an all-electric brand starting in 2030.
BMW Group held its 2022 annual press conference at its headquarters in Munich, Germany, on the 16th local time, and released its 2021 performance and future corporate strategy.
In today's announcement, the BMW Group plans to produce 15 pure electric vehicles this year. This includes the BMW 3 Series, 5 Series, X1 and X3 pure electric vehicles, as well as the bmw i4 and Mini Electric, which have been unveiled earlier. The new 7 Series, which will be launched in April, has also ushered in an important turning point with the addition of the i7.
The BMW Group recently announced that it will sell more than 2 million pure electric vehicles by the end of 2025. In addition, it is expected that by 2030, the proportion of electric vehicles in the group's total sales will reach 50%, and the annual sales of pure electric vehicles will exceed 1.5 million.
To this end, the BMW brand plans to launch a "new class" dedicated to electric vehicles in the mid-2020s and to restructure its product lineup. Based on the all-electric vehicle architecture, the new IT and software architecture, the newly developed high-performance electric drivetrain and the next generation of batteries, and the level of sustainability throughout the life cycle.
The BMW Group plans to unveil the details of its self-developed 6th generation new battery technology later this year, and for the first time next year, some of the new generation of interconnection and user interaction technology.
The MINI brand will be reborn from the early 2030s as a brand that is completely electric. To this end, some information about the new MINI family will be revealed in the second half of this year. The new product line offers a clear vision of being fully digital, electrified, sustainable and minimal in environmental footprint to match mini's lifestyle.
BMW also revealed some information about the 7th generation of the new 7 Series. Launched in April, the new 7 Series will be reborn as the first luxury electric sedan in the BMW lineup via the i7, offering both internal combustion engines and plug-in hybrid models. The i7's range is aimed at a maximum of 600 km (based on WLTP). The company stressed that new diesel locomotives have also been developed to further help reduce emissions and improve air quality.
Design features include the BMW Crystal Headlight "Iconic Glow" made of luxurious crystal glass and lightweight materials, a double kidney grille with contour illumination, a BMW cinema screen that descends from the interior roof lining, and the newly developed Sky Lounge panoramic glass roof.
The BMW Group also plans to accelerate the development of hydrogen fuel cell technology. It is expected that the new "new class" will also be equipped with an electric drivetrain based on hydrogen fuel cells. The company plans to achieve various results this year with the BMW iX5 Hydrogen.
It also promotes innovation in the production sector. Through the next-generation vehicle production method "BMW iFACTORY", the company has put forward a strategic vision for the production of "lean, green and digital" BMW cars. The BMW iFactory aims to transform the global production network into an electric vehicle and will be implemented at all BMW plants worldwide.
At the same time, the BMW Group sold 2,521,514 units (an increase of 8.4% over the previous year) and sales of 111,239 million euros as of FY21. Electric vehicle sales were 328,314 units (70.4%), accounting for 13% of total sales.