Thursday, June 8, 2023
News BMW Says Electric M Cars will be More Popular than Gasoline or...

BMW Says Electric M Cars will be More Popular than Gasoline or Hybrid Models by 2028

BMW's M division belives electric vehicles will make up the bulk of its business as soon as 2028.

  • Combustion engines could account for only 10% of M sales in 2030.

  • BMW aims to have a quarter of its sales be EVs by 2025 and a third by 2026.

  • The upcoming Neue Klasse will be at the forefront of this strategy.

Despite not having set a date for the abandonment of the combustion engine in its lineup, BMW is committed to making more and more of its sales be electric vehicles in the coming years, even for its M performance division.

Indeed, the automaker’s M wing says it expects its EVs to become more popular than both gasoline and hybrid models starting in 2028, with non-electrified models only accounting for 10% of sales two years later.

This follows the rest of the company’s goals for electrification since BMW as a whole wants to have a quarter of its sales be electric vehicles by 2025 and a third by 2026.

The arrival of the Neue Klasse platform in 2025 will help the automaker achieve this in addition to its other goal of shifting 10 million EVs by the end of the decade.

This new platform will add new fully electric models to both the regular BMW and the sportier M lineup, the latter of which currently only offers the i4 M50 and the iX M60.

These two models will soon be joined by the i7 M70, a more powerful version of the company’s electric flagship, as well as a new performance model which will use a quad-motor powertrain that is currently being tested on modified i4 testbeds.

BMW also believes that improvements in the charging network will continue to make electric vehicles more and more popular over the years while better access to raw materials will allow higher production rates.

Source: Bimmer Today via Motor1.com

Trending Now

GM Pumps C$280 Million into Oshawa Plant for Future Truck Production

GM invests C$280M in Oshawa Assembly for next-gen ICE truck production, reinforcing Canadian commitment. Oshawa plant's role emphasized in job creation, local economy,...

FLO Partners with Nissan Canada for Enhanced EV Charging Access

FLO and Nissan Canada partner to boost EV adoption, offering charging credits. FLO Home chargers now available at Nissan dealerships, enhancing charging accessibility. ...

Acura’s ZDX to receive Google’s integrated system

The Google system  will be part of the ZDX's equipment. It's too early to tell if the Google environment will be in every...

Discover the Pinnacle of Luxury and Off-Road Performance in the 2024 Lexus GX 550

Lexus is continuing its proud legacy in the SUV segment with the all-new 2024 Lexus GX 550, a vehicle that not only elevates the...

2025 Volvo EX30 Debuts As Brand’s Upcoming Small Electric Vehicle

The 2025 Volvo EX30 is the brand’s upcoming entry-level EV. Two variants coming our way: single-motor RWD, two-motor AWD. Range tops out at...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.