BMW gives itself 10 more years to the point where most of its sales to be plug-ins.
BMW Group’s 10-year plan envisions a gradual transition to plug-in electric cars. By the end of 2030, the company intends to sell a total of 7 million plug-ins.
Cumulative sales already passed 500,000 before the end of 2019 and are expected to increase to over one million by the end of 2021. That would leave space for an additional 6 million in the years 2022-2030.
Currently, some 6.4% of BMW/MINI cars sold globally are plug-in electric, but the plan is to achieve 25% next year, and 50% within 10 years.
We also guess that not only the share of plug-ins will be increasing, but there will be more all-electric instead of mostly plug-in hybrids today.
Let’s just take a look at how the lineup looks like today and note that already several BEVs were announced.
The BMW Group lineup:
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