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Reading: BMW persists to invest in ICE for the next ten years
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EV-a2z > News > BMW persists to invest in ICE for the next ten years
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BMW persists to invest in ICE for the next ten years

EV-a2zm
Last updated: 2023/03/18 at 5:02 PM
EV-a2zm Published March 18, 2023 3 Min Read
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BMW is planning to launch new generations of its X5, X6, and X7 models on a flexible platform that can support internal combustion engine (ICE) and electric vehicle powertrains.

Contents
BMW to increase its EV salesBMW to coexist its EV and ICE models

BMW is rumored to be an exception to the trend among automakers that has seen most of them announce an end date for their combustion engines. 

Team-bhp reports that the German luxury automobile maker has refrained from making any announcements of this nature. Instead, it will keep providing models powered by internal combustion engines well into the foreseeable future.

Here's to a year of becoming more electric, more digital and more sustainable. Did you miss our Annual Conference yesterday? Catch up here: https://t.co/sMEGDHxkEY#BMWGroup pic.twitter.com/bExP4cgnzW

— BMW Group (@BMWGroup) March 16, 2023

BMW to increase its EV sales

According to various reports, BMW intends to maintain its level of investment in its existing lineup of internal combustion engines throughout the new decade. 

BMW’s goal is to increase the number of electric vehicles it sells. It also wants internal combustion engine (ICE) vehicles to account for half of its total sales by the year 2030.

The automaker presently offers the B48 4-cylinder, B58 in-line 6-cylinder, and S68 V8 models. The S68 V8 was released a year ago, replacing the N63 V8 unit. 

Additionally, the B58 unit received an upgrade to a 48V mild hybrid system. Moreover, it’s not just gasoline engines; the automaker will also be modernizing and selling diesel engines in the future.

#CEOZipse at today’s annual conference:
“A high level of flexibility, combined with our operational performance, proved to be an effective combination for ensuring our success, even in the face of headwinds and taking advantage of opportunities for profitable growth.” #BMWGroup pic.twitter.com/NGdQp82zNo

— BMW Group (@BMWGroup) March 15, 2023

BMW to coexist its EV and ICE models

The enormous popularity and high profitability of BMW’s SUVs powered by combustion engines in markets such as the United States and China is one of the primary reasons for the company’s push toward ICE technology. 

The successive iterations of BMW’s X5, X6, and X7 models will ride on a flexible platform to accommodate internal combustion engine (ICE) and electric vehicle powertrains. 

However, the production of engines will no longer take place in Munich, Germany; instead, that location will concentrate on the production of the electric vehicle powertrain for BMW. 

Austria, the United Kingdom, and China will take over the production of BMW’s gasoline- and diesel-powered engines.

BMW appears optimistic that its electric vehicles and combustion-powered cars can coexist for a longer period of time. The company is also making significant investments in electric vehicles, and the “Neue Klasse” platform for EVs is slated to make its debut in 2026.

See Also:

  • 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
  • 2023 BMW i7: Range, Energy Consumption, Specification and Price in US
  • Tesla snatches “US luxury crown” from former King BMW

The new face on the updated BMW X5 M Competition looks really good! Also, the added Isle of Man Green colour is the one to get. pic.twitter.com/h3PJYiTQxR

— CarsInPixels (@cars_pixels) March 8, 2023

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TAGGED: BMW, Electric Vehicle, Europe, EV, ICEs
EV-a2zm March 18, 2023 March 18, 2023
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