Investor Relations.

+++ Investment of € 800 million in Mexican production site for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly +++ Around 1,000 new jobs for Plant San Luis Potosí +++ Head of Production Nedeljković: “We are systematically gearing our production network towards electromobility” +++

San Luis Potosí, Mexico. The BMW Group is accelerating its ramp-up of e-mobility and poised to gain even more momentum with its next vehicle generation, the NEUE KLASSE. The share of 50 percent of the company's worldwide sales of fully electric vehicles could be reached earlier than 2030. The company is investing in expansion of its international production network to achieve this. The plant in San Luis Potosí, Mexico will produce fully-electric models for the NEUE KLASSE in the future and is setting up its own high-voltage battery assembly for this purpose.

“We are systematically gearing our production network towards electromobility. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs,” explained Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, in San Luis Potosí at an event attended by Mexican President Andrés Manuel López Obrador and Governor of San Luis Potosí Ricardo Gallardo Cardona. 

+++ Based on preliminary internal calculations, EU fleet-wide emissions came in at 105 grams CO2 per kilometre (WLTP) for 2022 +++ Year-on-year reduction of more than nine percent expected +++

Munich. The BMW Group continued to systematically reduce its emissions and, based on preliminary internal calculations, lowered its EU fleet-wide CO2 emissions by more than nine percent from 2021 to 2022.

With emissions of 105 grams per kilometre, according to WLTP (2021: 115.9 grams per kilometre), based on preliminary calculations for 2022, the company once again outperformed the fleet target limit set by the European Union EU27+2 (EU, Norway, Iceland) of 127 grams per kilometre by 22 grams.

In addition to further increases in vehicle efficiency, the reduction in emissions can largely be attributed to successful implementation of the company’s electrification strategy. The BMW Group sold a total of more than 215,000 fully-electric vehicles worldwide in 2022 – an increase of almost 108 percent, compared to the previous year. Fully-electric vehicles accounted for nearly nine percent of total sales last year. The goal is to increase this figure to 15 percent in 2023. The BMW Group also aims for more than 50 percent of its sales volumes to come from fully-electric vehicles no later than 2030. 

+++ BMW Group sold 2,399,636 units (-4.8%) +++ BMW brand maintained No. 1 position in global premium segment +++ Sales of fully-electric vehicles more than doubled to 215,755 units (+107.7%) +++ Sales up +10.6% in fourth quarter of 2022 +++ MINI Electric* is best-selling MINI model variant +++ Pieter Nota: “Next milestone for 2023: 15% of total sales from fully-electric vehicles” +++

Munich. The BMW Group significantly accelerated its ramp-up of electromobility once more in 2022. As previously announced, the BMW Group was able to more than double its BEV sales from 2021 (+107.7%) with a total of 215,755 fully-electric BMW and MINI vehicles delivered to customers. A major milestone was reached when the BMW Group handed over its 500,000th fully-electric vehicle to its new owner towards the end of last year. 

“Our strong product line-up is the best response to a challenging environment – and enabled us to more than double our sales of fully-electric vehicles again in 2022,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “We are confident we can build on this success in 2023, as we continue to see particularly high order intake for our fully-electric models,” Nota added. 

The BMW Group delivered a total of 2,399,636 BMW, MINI and Rolls-Royce vehicles to customers worldwide in 2022 (-4.8%); a year in which all industries faced headwinds from supply bottlenecks, China’s pandemic lockdowns and the war in Ukraine. The main impact was felt in the first six months of the year, with deliveries down compared to the previous year. Sales increasingly picked up in the second half of 2022. In the fourth quarter, the BMW Group reported significant sales growth of +10.6%, with 651,798 vehicles delivered to customers.