BMW stated on Friday that it goals to double its gross sales of fully-electric autos this 12 months because the German automobilemaker and rivals race to launch new fashions to adjust to CO2 emissions targets and chase market chief Tesla.
BMW additionally stated that together with plug-in hybrids, it goals for a 50% improve in gross sales of electrified autos versus 2020.
It didn’t give gross sales volumes for its absolutely electrical autos however in 2020 knowledge launched on Tuesday BMW stated it bought near 193,000 electrified autos — absolutely electrical and plug-in hybrid — final 12 months.
Tesla delivered just below 500,000 autos, all absolutely electrical, to prospects in 2020.
The BMW Group presently produces 13 electrified fashions — both absolutely electrical or plug-in hybrid — bought in 74 markets.
BMW stated on Tuesday that its international EV gross sales rose 31.8% in 2020 and accounted for 15% of its gross sales in Europe, serving to the corporate meet its European Union emissions targets for final 12 months.
By 2023, BMW stated it might nearly double its line-up of electrified autos to 25 fashions, with greater than half of them absolutely electrical.
In addition to emissions targets, a rising variety of nations will ban the sale of recent fossil-fuel autos beginning in 2030, including strain on automobilemakers to develop electrical autos.