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BMW M, the performance division of the BMW Group, predicts that its electric cars and plug-in hybrids will outsell vehicles with pure combustion engines (ICE) by 2027. According to BMW's expectations, the proportion of pure combustion engines in M sales would fall below 50% in four years.
During a presentation of the M2 and XM, BMW M's chief, Frank van Meel, made the announcement that the company is increasingly bullish in its move to electrification. He was supported with graphics, as reported by Bimmer Today. At present, BMW's electric range of M vehicles includes the i4 M50 and iX M60. However, two more vehicles, the BMW i7 M70 (G70) and the BMW i5 M60 (G60) are expected to join the lineup this year.
Moreover, BMW M is developing a high-performance electric vehicle with an electric motor on each wheel, using the widened i4 M50 as a testbed. BMW Group is also extensively investing in its Neue Klasse line, which is expected to debut in 2025 as the German marque aims to diversify its electrification offensive.
This announcement follows BMW Group's overall outlook towards electrification. The German marquee intends to raise the production and sales of fully electric vehicles significantly in the coming years. The company already has about a dozen fully electric vehicles on offer, with at least 20% of new BMW cars produced by 2024 set to have a fully-electric drivetrain. By 2025, the company intends for every fourth new vehicle delivered to be a battery-electric vehicle while, in 2026, this is expected to increase to a third of all new cars.
The BMW Group targets the delivery of over 10 million fully-electric vehicles to customers before 2030, and aims to have sold 2 million electric vehicles by 2025. BMW is optimistic about the development of charging infrastructure, raw material prices, and availability in the near future.
Source: Bimmer Today
