Next milestone: BMW Group aims to have one million electrified vehicles on the roads in 2021

Munich. The BMW Group is focusing on the next
electromobility milestone: “By the end of 2021, we aim to have a total
of one million electrified vehicles on the roads,” stated Oliver
Zipse, Chairman of the Board of Management of BMW AG, at the
International Motor Show (IAA) in Frankfurt on Tuesday. “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.”

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. 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.

“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.”

Hydrogen fuel cell technology could be a real solution,
especially for long distances. The BMW Group expects demand for this
technology to increase in the second half of the next decade and will
be launching a test fleet of fuel cell vehicles in 2022. The company
will present the BMW i Hydrogen NEXT development vehicle at this
year’s IAA.

Zipse confirmed the plan announced in June to significantly
increase the tempo of its 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 basis for this is provided by flexible vehicle
architectures for fully-electric vehicles, plug-in hybrids and models
with combustion engines, as well as a highly flexible production
system. As a result, the company is able to respond quickly to local
market demand.

Electromobility can make a key contribution to climate
protection. The BMW Group believes the customer will play a decisive
role in this – because technology can only have a real impact if
customers want it and use it.

“We aim to reduce emissions significantly. To realise this, we
must concentrate on areas where we can achieve the greatest impact. We
are therefore focusing on the question: Which drive trains,
technologies and services will our customers want in the future? And
how can we achieve the best outcome for climate protection? One thing
is clear: We are committed to the Paris Climate Agreement.”

Sustainability begins for the BMW Group right at the very
beginning of the value chain. A good example of this is the BMW iX3,
which will be released onto the market with a fifthgeneration e-drive
system in 2020: The e-drive is manufactured without rare earths, and
the cobalt for its battery cells is sourced directly from mines in
Australia and Morocco. In addition, the electricity needed for
production is mostly covered by renewable energy sources.


If you have any questions, please contact:

Corporate Communications

Max-Morten Borgmann, Corporate Communications Telephone: +49 89
382-24118, Max-Morten.Borgmann@bmwgroup.com

Mathias Schmidt, head of Corporate and Culture Communications
Telephone: +49 89 382-24544, mathias.m.schmidt@bmwgroup.com

Media website: www.press.bmwgroup.com
Email: presse@bmwgroup.com


The BMW Group

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad,
the BMW Group is the world’s leading premium manufacturer of
automobiles and motorcycles and also provides premium financial and
mobility services. The BMW Group production network comprises 31
production and assembly facilities in 15 countries; the company has a
global sales network in more than 140 countries.

In 2018, the BMW Group sold over 2,490,000 passenger vehicles
and more than 165,000 motorcycles worldwide. The profit before tax in
the financial year 2018 was € 9.815 billion on revenues amounting to €
97.480 billion. As of 31 December 2018, the BMW Group had a workforce
of 134,682 employees.

The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.


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