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BMW Group Aims 1 million Electrified Vehicles on Roads by 2021

Auto News - Published on Mon, 16 Sep 2019

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The BMW Group is focusing on the next electromobility milestone. Mr Oliver Zipse, Chairman of the Board of Management of BMW AG, at the International Motor Show in Frankfurt said that by the end of 2021, we aim to have a total of one million electrified vehicles on the roads. 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, Mr 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 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.

He added that “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. This puts us in a very strong strategic position to tackle the challenges of future mobility and climate change.”

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Posted By : Mohan Sharma on Mon, 16 Sep 2019
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