Automakers in 2023 will continue to balance the need to launch profitable combustion-engine models with pricier electric equivalents that help lower average CO2 and avoiding costly EU fines.
BMW, for example, will launch a new version of the 5 Series large sedan and station wagon, along with a full-electric derivative, the i5. Meanwhile, sister brand Mini’s production strategy is to build combustion versions of the brand’s core small car in England while contracting partner Great Wall to produce the electric version of the car in China.
Europe’s small SUV segment is poised to see rapid growth as new products from Hyundai (which will replace the Kona), Toyota and Honda arrive. Fiat is also expected to add an electric version of its new small SUV, a sister car to the Polish-built Jeep Avenger – the U.S. brand’s first full-electric model.
Volkswagen, meanwhile, will start sales of the ID7, a rival to the Tesla Model 3, the German automaker’s biggest global competitor in the electric car space based on sales volume. The ID7’s big market will be China, VW has said, but sales will be global.
Below are details on some of the key models that are scheduled to debut next year.