According to IHS Markit New Registrations July 2020 Report, today, the BMW and MINI brands featuring all-electric and plug-in hybrid drive systems respectively already account for approximately 13.3 of all new registrations Europe-wide. This corresponds to 1.5-fold of the average share of all brands, which is around 8 percent. The company expects this figure to rise to a quarter by 2021, to a third by 2025 and to 50 percent by 2030.
By 2019 more than 500,000 electrified vehicles were sold – by the end of 2021, this figure will probably rise to over a million. In spite of pandemic-related restrictions, more vehicles from the car manufacturer were sold during the first half of 2020 than in the corresponding previous-year period. BMW sustainability goals aim at putting more than seven million vehicles with electrified drive systems on the road worldwide by 2030, two thirds of them all-electric variants. As a result of the massive expansion of electric mobility, emissions produced by BMW vehicles per kilometre driven will be reduced by around 40 percent by the year 2030. New models include the i X3, electric versions of the BMW 5 Series, 7 Series and X1, and from 2021 the i4 and iNext.
The expansion of electric mobility will reduce the CO2 emissions per kilometer driven by all brands by around 40 percent by 2030. In addition, all components of the BMW eDrive technology (fifth generation) used in the electrified models will be powered exclusively by electricity from renewable sources. In this way, the emission of around 10 million tons of CO2 will be avoided over the next ten years.