After doubling full-electric sales in 2022, BMW Group is planning a major EV product offensive in the next five years, including the launch of six new models on the coming Neue Klasse (New Class) platform.
BMW says that it expects to sell 400,000 all-electric models in 2023, or about 15 percent of total sales, up from about 215,000 in 2022. By 2025, BMW says 25 percent of group sales will be EVs, rising to 33 percent in 2026 and 50 percent by 2030.
On Wednesday, CEO Oliver Zipse told investors that BMW was well ahead of schedule in the transition to electrification. He said group CO2 emissions in 2022 were 105 grams per km, 22 g/km below its target.
Perhaps the most important launch is a full-electric version of the next-generation BMW 5 Series large sedan, due in October, followed by a station wagon version in 2024.
Another key model is the iX2, a battery-electric version of the sporty X2 compact crossover, which will also be revamped this year.
The group’s other brands, Rolls-Royce and Mini, will also get new electric models. The Rolls-Royce Spectre, the luxury brand’s first EV, will reach buyers in the third quarter, at an estimated price of 400,000 euros.