BMW has announced that while expanding its electric model range, it will not halt internal combustion engine development. The company aims to make 50% of total vehicle sales electric by 2030.
The BMW Group plans to have around ten electric models in its lineup by 2023. As of 2021, BMW i3, BMW iX3 and MINI SE electric cars are already on the market. Soon, these models will be joined by the BMW iX and the four-door coupe BMW i4, which will be available three months ahead of schedule.
In the coming years, all-electric versions of the BMW 5 Series and BMW X1 will debut. Heman will then succeed the electric BMW 7 Series and mini Countryman. Thanks to this strategy, the German brand’s electric vehicles will cover approximately 90% of their market segments by 2023.
10 million electric vehicles in 10 years
The BMW Group aims to make 50% of total vehicle sales electrified by 2030. Each model line will feature an electric version. At least one electric vehicle will be offered in every market segment where the company is present. In the next 10 years, about 10 million BMW brand electric vehicles are expected to be on the road.
The BMW Group believes that demand for cars with combustion engines will remain stable for many years to come. So until 2030, they will continue to account for half of the brand’s sales. For this reason, work on developing a new generation internal combustion engine will continue.