Investor Relations.

+++ Agreement with Swedish startup H2 Green Steel: first deliveries for Neue Klasse from 2025 +++ Up to 95% reduction in CO2 emissions compared to conventional methods +++ Delivery to BMW Group plants in Europe +++ Circular economy: Sheet metal remnants from BMW Group plants will be recycled and reused +++ Wendt: “Vital contribution to our goal of reducing CO2 emissions in our steel supply chain by about two million tonnes by 2030” +++
 

Munich. The BMW Group continues to push forward with climate protection and is systematically pursuing its goal of significantly reducing CO₂ emissions at their source in the supply chain. From 2025 on, the company plans to source steel produced with up to 95% less CO₂ emissions and without requiring fossil resources such as coal. The BMW Group has now reached an agreement to this effect with the Swedish startup H2 Green Steel, which uses hydrogen and only green power from renewable energies for steel production. Owing to its particularly energy-intensive manufacturing process, steel production is considered one of the main sources of global CO₂ emissions.

“Our goal is to reduce CO₂ emissions in our steel supply chain by about two million tonnes by 2030. Sourcing steel produced using hydrogen and green power can make a vital contribution to this,” says Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. “Steel is essential for producing cars and will be no less important for future vehicle generations. Innovative technologies that enable virtually carbon-free production of steel have a significant impact on our ability to reduce CO₂ emissions in our steel supply chain.”

+++ DCS offers industry leading solutions to provide EV drivers with seamless access to more than 300,000 charging points in 30 countries. +++ bp will provide DCS customers access to an additional 9,000 charging points across Europe including ultra-fast charging and together with DCS, will develop new integrated offers for fleets - including fuel and charge services. +++ Globally, bp aims to grow its network of public EV charging points by 2030 to over 70,000 worldwide. +++
 

London/Munich/Stuttgart. bp has become the third shareholder of Digital Charging Solutions GmbH (DCS) following the successful closing of the M&A transaction. bp gained a 33.3% stake as part of a capital increase. BMW Group and Daimler Mobility AG remain shareholders owning a 33.3% stake each.

Electrification is at the heart of bp’s approach to mobility. All three shareholders of DCS share an ambition to drive electrification forward and pave the way for sustainable mobility.  bp is rapidly growing its charging businesses around the world and aims to have over 70,000 public charge points by 2030.

+++ With a total of 1,932,236 vehicles sold through September, BMW Group sales climbed +17.9% year-on-year +++ Deliveries of fully-electric vehicles more than doubled since start of the year (59,688 vehicles, +121.4%) +++ Strong competitive position expanded in key markets worldwide +++ Pieter Nota: “Confident we can meet our ambitious sales targets despite semiconductor shortage and achieve solid, profitable growth in 2021” +++
 

Munich. The BMW Group delivered 1,932,236 BMW, MINI and Rolls-Royce vehicles to customers in the year to the end of September – a significant increase in sales of +17.9 percent year-on-year. All brands reported sales growth in all regions of the world. The company continued to build on its strong competitive position in key core markets such as the US, Europe and China.

“The sales success of the past nine months shows how our customers appreciate our strong, sustainable and emotionally engaging product line-up. We have so far been able to offset the semiconductor supply bottlenecks over the full year with a strong operating performance. We are confident we can meet our ambitious sales targets and achieve solid, profitable growth for 2021,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales. “We have more than doubled our sales of fully-electric vehicles since the start of the year – and are therefore underscoring our impressive electro-offensive,” Nota continued.