The BMW Group has always been a forward-looking and profitable company that maintains its unique path even in uncertain circumstances. In 2022, the company experienced growth in three distinct areas: navigating complex challenges, embracing e-mobility, and achieving financial success. BMW focuses on operational excellence in the present, knowing that it can handle complexity and pivot as necessary, making the company more resilient than ever. However, BMW also maintains its focus on the future and is determined to achieve its goals. One example of this is BMW’s BEV ramp-up since 2013, during which the company has put more than half a million all-electric BMW and MINI vehicles on roads worldwide. BMW has sold over 215,000 all-electric vehicles in 2022 alone, more than double the number sold in 2021, despite the challenging supply situation. BMW is well on its way to meeting its goals, as evidenced by its rapid BEV growth, leaving many established competitors and new BEV-only manufacturers from the US and Asia behind.
BMW’s commitment to BEVs is evident in its commitment to achieving its next milestones for its BEV ramp-up. In 2024, BEVs will make up a fifth of BMW’s overall sales, a quarter in 2025, and a third in 2026. In fact, more than half of the vehicles BMW sells worldwide will be all-electric before 2030. It’s worth noting that the percentage in Europe will already be well over 50 percent by then. If certain markets or regions demand 100 percent e-mobility, BMW will be ready and able to deliver. BMW already offers fully-electric cars and two-wheelers through BMW, MINI, Rolls-Royce, and BMW Motorrad in practically all market segments it serves. BMW has a dozen fully-electric cars in its lineup this year, catering to various customer requirements.
In 2023, BMW will release the latest version of the world’s most successful business sedan on the market, the new BMW 5 Series, which will include the fully-electric i5. The company will also introduce two plug-in hybrid variants in 2024. BMW M fans can experience the perfect harmony of e-mobility and dynamic performance in a unique way, as BMW M reported a record year to mark its 50th anniversary in 2022, with the best-selling M model being the fully-electric BMW i4 M50*. BMW’s new BEV offerings are not limited to cars alone, as the company is also introducing an all-electric version of the BMW 5 Series Touring for the first time in spring 2024. The company is building the iX2 in Germany at its Regensburg plant, and it will be launched towards the end of the year. BMW’s priority is e-mobility, and it measures itself against it. Therefore, starting this year, the BEV share of total sales will be a key performance indicator for the company.
In conclusion, BMW’s commitment to e-mobility and its ambitious goals are evident in its BEV ramp-up since 2013, during which the company has put more than half a million all-electric BMW and MINI vehicles on roads worldwide. BMW has consistently delivered on its promises, leaving established competitors and new BEV-only manufacturers from the US and Asia behind. BMW’s commitment to its future goals is evident in its determined and focused approach, which includes releasing new fully-electric models like the i5 and introducing an all-electric version of the BMW 5 Series Touring. BMW’s emphasis on e-mobility will remain a top priority for the company, with the BEV share of total sales becoming a key performance indicator.
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