News

BMW to make even more EVs than originally planned, i3 is sticking around

The BMW Group has set an ambitious objective to put more than seven million electrified vehicles on the road by the end of the decade, with about two-thirds eschewing the combustion engine altogether. It appears the German automaker is eager to hit that target sooner as the company’s CEO Oliver Zipse revealed in an interview plans to further boost the production of EVs in the coming years.

Talking with regional German daily newspaper Augsburger Allgemeine, BMW’s head honcho said the company will build an additional 250,000 electric cars between 2021 and 2023. He went on to say hybrids and pure EVs will account for approximately 20 percent of total sales by 2023 compared to the 8 percent today.

During the same interview, Oliver Zipse reiterated plans of introducing additional electric vehicles beyond the iX3 and iX SUVs, with zero-emissions versions of the X1, 5 Series, and 7 Series planned. In addition, the i4 is debuting next year in production guise as an electric equivalent of the 4 Series Gran Coupe.

Not only that, but the i3 will remain in production for the foreseeable future despite being a vehicle that came out way back in 2013. BMW says the little electric hatch still enjoys strong customer demand even though it’s the company’s oldest model in the lineup. For a while now, the i3 has been available exclusively as an EV as the REx variant with a two-cylinder, motorcycle-sourced gasoline engine that served as a range extender was discontinued.

Asked whether in 20 years from now BMW customers will all be driving electric SUVs, the 56-year-old executive said that’s not going to be the case. He admitted demand for coupes and cabriolets has taken a hit in recent years, but “many still swear by these cars.” In addition, he believes the 3 Series and 5 Series sedans remain at the core of the brand, much like the 4 Series Coupe.

You can read the full interview at the first source link below.

Source: Augsburger Allgemeine via Automotive News Europe

Adrian Padeanu

Editor EVGLOBE

Recent Posts

BMW iX is The Best EV in 2024

In 2024, the BMW iX has been crowned the best electric vehicle (EV) by Consumer…

4 months ago

Will the BMW iX Get a Second Generation?

The BMW iX represents the pinnacle of the brand's current electric vehicle offerings, having made…

5 months ago

MINI John Cooper Works (J01) Teased

MINI is set to break new ground with the introduction of its inaugural electric John…

5 months ago

BMW i5 Flow NOSTOKANA Changes Its Colors

The essence of the 12th BMW Art Car thrives in the distinctive i5, mirroring the…

9 months ago

Tesla Model 3 vs. Nio ET5 – Drag Race

Carwow's latest unusual drag race, brought to you by the German branch of the popular…

1 year ago

2024 BMW i5 xDrive40 and 550e xDrive Coming To The US

The i5 xDrive40 has made its appearance on the 2024 model year pricing list, and…

1 year ago