BMW M is unwavering in its commitment to the electrification of its vehicles. It recently announced that the company would offer more electric cars and plug-in hybrids within the next four years than ICE vehicles.
By 2027, the automaker expects that the percentage of pure combustion engines in M sales will drop below the halfway mark.
BMW M to arrive in 2028
Furthermore, BMW M anticipates that by 2028, purely electric M automobiles will account for more than fifty percent of sales figures, outselling the company’s vehicles equipped with ICEs.
Around ten percent of all energy generation in 2030 will come from internal combustion engines.
Bimmer Today reports that the BMW M chief Frank van Meel announced the target while presenting the M2 and the XM while being backed with graphics.
The BMW M electric range currently comprises the i4 M50 and the iX M60. However, it will expand with the addition of the BMW i7 M70 (G70) and the BMW i5 M60 (G60) this year.
A high-performance M electric vehicle with an electric motor on each wheel is currently being developed. A widened version of the i4 M50 is serving as its testbed.
Motor1.com reports that it aligns with the overall vision of the BMW Group for the electrification of its vehicles. During a presentation earlier this month, the company announced that it anticipates a significant increase in the production and sales of fully electric vehicles in the coming years.
BMW to deliver 10 million EVs in 2030
The German automaker is making about a dozen fully electric models available. At the very least, twenty percent of the company’s new automobiles will be equipped with an all-electric propulsion system by 2024.
By 2025, one out of every three brand-new cars should be a battery-electric vehicle (BEV); by 2026, that number should rise to one out of every two.
BMW is positive about the advancement of the charging network, as well as the prices of raw materials and the availability of those materials. Its new offensive, expected to be introduced in 2025, will feature the new Neue Klasse line as its flagship vehicle.
Depending on these factors, the company anticipates exceeding a share of the BEV market by more than 50 percent well before 2030.
The BMW Group has the ambitious goal of delivering more than 10 million fully-electric vehicles to customers by the year 2030, with the significant achievement of selling 2 million fully-electric vehicles projected to be achieved in 2025.
See Also:
- BMW persists to invest in ICE for the next ten years
- BMW plans to release six Neue Klasse electric vehicles by 2028
- BMW to invest £500m for Mini plant upgrade in Britain, including £75m from taxpayers
- BMW recalls over 90,000 electric vehicles in China due to software problems
- 2023 BMW iX xDrive50 and M60 with 300-Mile EPA Range