At the International Motor Show (IAA) in Frankfurt, Oliver Zipse, Chairman of the Board of Management of BMW AG announced some ambitious targets, saying “By the end of 2021, we aim to have a total of one million electrified vehicles on the roads.”
Zipse added to this impressive goal, by saying “We are already right at the forefront of electromobility. No manufacturer has delivered more electrified cars to customers in Germany so far this year than the BMW Group. In Norway, three out of every four new BMW Group vehicles sold have an electrified drive train."
This annoucement comes after Zipse's recent decision to significantly increase the tempo of BMW's electromobility expansion: The 25 electrified models previously announced for 2025 will now be available two years earlier, in 2023. More than half of these 25 models will be fully electric.
THE FUTURE OF ELECTRIC.
Looking ahead to the next decade, Zipse expects electromobility to develop at different rates around the world – due to the differences in infrastructure, customer driving profiles and political frameworks.
“The BMW Group is a global company. We will be able to offer our customers all relevant drive technologies: our conventional engines with benchmark efficiency, battery-electric drive trains, plug-in hybrids and, in the future, hydrogen fuel-cell vehicles,” Zipse continued. “This puts us in a very strong strategic position to tackle the challenges of future mobility and climate change.”
According to BMW Group forecasts, customer demand should ensure that over 50 percent of new vehicle registrations in China’s premium segment will be pure battery-electric vehicles (BEV) in 2030. The figure for Europe will be only about half that number. The US, the world's second largest vehicle market, will be at about the same level as Europe.