BMW now intends to offer electric versions of the 5 Series, 7 Series and X1. In all, BMW expects to have 25 electrified car models by 2023, half of which will be 100% electric. The challenge is twofold: according to the standards in force in the European Union, the car manufacturer must reduce the CO2 emissions of its vehicles by at least 37.5% by 2030.
BMW confirms its commitment to energy transition
A figure that BMW aims to exceed: “our objective is to reduce the CO2 emissions of our vehicles by 40% for each kilometer traveled“, explains the manufacturer in a press release. All this by selling millions of vehicles: “in 10 years our objective is to have more than 7 million BMW Group vehicles on the roads – of which approximately two thirds with a fully electric motor system”.
Vehicles affected by electrification should initially be offered in three versions: 100% electric, hybrid or thermal (gasoline and diesel in Europe). The manufacturer should therefore leave the choice to its customers whether or not to opt for a transition, or even a jump in the electric – and to do it at their own pace. Incentives to purchase (scrapping/reconversion premium, electric premium, etc.) should do the rest. In addition to the electrification of the ranges, BMW explains that it has revised its production methods to reduce carbon emissions by 80%.
“To support these efforts, the BMW Group has set clear targets for CO2 emissions reductions for 2030. For the first time, these concern the entire vehicle life cycle: from supply to production through at the end of its period of use ” , says the manufacturer recalling its commitment to the Paris agreements on climate. Moreover, the premiums of the manufacturer’s executives are now conditional on their action in favor of these objectives.
Data on the group’s emissions and its commitment to the energy transition will also be the subject of a report included in each announcement of financial results.