2020-07-28
BMW set to unveil five new electric vehicles by 2021

BMW set to unveil five new electric vehicles by 2021

BMW Group aims to offer five fully-electric production vehicles as part of a comprehensive product overhaul by the end of 2021. The German carmaker pursues to lower vehicle emissions during production and on the road.

"In ten years, the goal is to have a total of more than seven million electrified BMW Group vehicles on the roads – around two-thirds of them with a fully-electric drive train," the carmaker said.

Carmakers have been pushing electric cars ever since European lawmakers in December 2018 ordered a cut in carbon dioxide emissions from cars by 37.5 percent by 2030 compared with 2021 levels. This will come after a 40 percent emissions cut between 2007 and 2021.

Beginning next year, BMW said it will offer five fully-electric cars: the BMW i3, the MINI Cooper SE, the BMW iX3, the BMW iNEXT and the BMW i4. In total BMW will have 25 electrified models on the roads by 2023, half of them fully electric.

BMW said its management remuneration will be more closely associated with compliance to climate targets and that carbon emissions from production and sites would be lowered by 80 percent per vehicle.

The objective is to reduce CO2 emissions from vehicles by 40 percent per kilometre driven. The main lever here is a far-reaching product strategy with the massive expansion of e-mobility.