“2022 was a year in task-force mode, dominated by far-reaching events and short-term challenges. Today, we look back on a successful financial year and can say with confidence that it made us more resilient. The BMW Group stands on a stable financial and economic foundation.
At the same time – and this is crucial – we are consistently pursuing our own BMW path towards an electric, circular and digital future. Our sights are set on the next milestone: the rollout of the NEUE KLASSE. Your company is characterised by this two-pronged approach of combining flexibility with long-term consistency.”
Chairman of the Board of Management of BMW AG
Financial TargetsTarget achievement until 2025Target achievement until 2030
EBT margin Group
EBIT margin automotive segment
Return on Capital Employed automotive segment
Target achievement until 2025
Share of electrified cars in total deliveries
Share of women in management positions
Target achievement until 2030
Share of fully electrified cars in total deliveries
Reduction of CO2-emissions per vehicle produced
Reduction of CO2-emissions in the use phase of the vehicle
Reduction of CO2-emissions in the supply chain
About the financial year
The BMW Group achieved a strong performance for the financial year 2022, despite the challenging macroeconomic environment.
This is underlined by a few key figures. Our Group EBT margin reached 16.5%. Our EBIT margin in the Automotive Segment came in at 8.6% – excluding the consolidation effects from the full consolidation of our Chinese Joint Venture, BMW Brilliance Automotive Ltd., it stood at 11.2%.
More details on the key figures and our overall performance can be found here in our online report.
Our strong, consistent financial performance provides us the flexibility to invest in our future course, as we electrify and digitalize our business.
At the same time, we continue to expand and refresh our current portfolio.
In 2022, we launched the new BMW 7 Series and the BMW X1, including the all-electric BMW i7 and BMW iX1. As planned for 2022, we doubled sales of our all-electric vehicles compared to 2021. We look to carry this momentum into 2023.
With the launch of our next all-new model generation, the NEUE KLASSE, in 2025, we will reach the next major milestone in our transformation. Through our innovative strength, we will remain a pioneer in the industry.
But for now, I hope you enjoy the online version of our BMW Group Report 2022 as much as I do.
Member of the Board of Management, Finance
Selected Key Figures 2022
You can find the most important key performance figures of the BMW Group in this interactive, multi-year visualization.
Ultimate companion – through real and virtual worlds: BMW presents BMW i Vision Dee in Las Vegas
The BMW Group is sharing its vision of the future digital experience, both inside and outside the vehicle, at the Consumer Electronics Show (CES) 2023 in Las Vegas. BMW i Vision Dee is the futuristic mid-size sedan with a new and pared-down design language. The name “Dee” stands for Digital Emotional Experience – and that is precisely its aim: to create an even stronger bond between people and their cars going forward.
BMW is the first car manufacturer to test Bundesliga football content in an international pilot application. The Bundesliga in-car App – the app of Germany’s top football league – will be delivered over-the-air to the new BMW 7 Series, so that selected Bundesliga content will be made available on the BMW Curved Display.
BMW Theatre Screen brings cinematic experience into the vehicle.
With the BMW Theatre Screen, BMW is setting new standards in the area of in-car entertainment and offering rear passengers an entertainment experience on a par with a cinema. In that, the BMW Group is working with Amazon to fully integrate the Fire TV experience within the Theatre Screen system.
BMW Group, Qualcomm and Arriver to form long-lasting strategic cooperation for joint development of Automated Driving software solutions
BMW Group, Qualcomm Technologies, and Arriver join forces to co-develop next generation of Automated Driving Systems. The cooperation combines BMW’s current AD stack with Arriver’s Vision Perception and NCAP Drive Policy products on Qualcomm Technologies’ system-on-chip, with the goal of designing best-in-class Automated Driving functions spanning NCAP, Level 2 and Level 3.
Highly dynamic and completely real turns in a virtual world: BMW ///M Mixed Reality revolutionizes driving experience
At this year's Web Summit in Lisbon, the BMW Group is presenting a mix of real driving and a virtual environment for the first time. ///M Mixed Reality is the name of the extraordinary experience. Its revolutionary use of Mixed Reality technologies brings real cars onto virtual racetracks.
BMW Group partners with AirConsole to bring casual gaming into vehicles in 2023
AirConsole and the BMW Group announced a partnership which will bring casual gaming into new BMW vehicles. AirConsole is a gaming platform which perfectly fits with the BMW Curved Display and offers a large and diverse catalogue of games.
Pilot project: Cars manoeuvre in production without drivers
The BMW Group is launching a unique pilot project: With the Automated Driving In-Plant project (‘Automatisiertes Fahren im Werk’, AFW), the BMW Group is pursuing the goal of vehicles moving autonomously around logistics areas and assembly — safely, efficiently and without requiring a driver.
BMW announces a completely new Head-up Display for the "NEUE KLASSE"
As part of the CES 2023, the Chairman of the Board of Management of BMW AG, Oliver Zipse, announced a new generation of Head-up displays for the "NEUE KLASSE" in his keynote speech."As early as 2025 – the year after next – our customers will be able to experience this completely new technology in their vehicles,” said Oliver Zipse.
Next generation BMW voice assistant to be based on Amazon Alexa technology
The next-generation BMW voice assistant will be built on Alexa technology. “The Alexa technology will enable an even more natural dialogue between driver and vehicle, so drivers can stay focused on the road. This will bring the digital experience to an entirely new level,” said Stephan Durach, Senior Vice-President Connected Company and Development Technical Operations BMW Group.
BMW first to bring digital art into vehicles. Artist Cao Fei creates Digital Art Mode
On the occasion of the Consumer Electronics Show 2022 (CES), BMW presents its Digital Art Mode and will be the first to bring digital art into vehicles. Internationally renowned Chinese multimedia artist Cao Fei created the Digital Art Mode in the year of the 50th anniversary of BMW Cultural Engagement.
Greater flexibility: BMW Digital Key can now be shared between iPhone and Android devices
The BMW Group is continuing to drive the digitalisation of access to its vehicles in co-development with Apple and Google. It is now possible to share a BMW Digital Key across platforms between iPhone and Android devices. Previously, keys could only be shared via Apple iMessage.
BMW Group commences production of small-series hydrogen-powered model
The BMW Group is commencing production of its BMW iX5 Hydrogen model. Manufacture of the small-series hydrogen-powered vehicle is taking place in the pilot plant at its Munich Research and Innovation Centre (FIZ).
More performance, CO2-reduced production, significantly lower costs: BMW Group to use innovative round BMW battery cells in NEUE KLASSE from 2025
The BMW Group is convinced that powerful, innovative, sustainably-produced battery cells will be key to the success of individual electromobility in the future. The company is set to launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE – using newly-developed round battery cells optimised for the new architecture for the first time.
Electrified MINI models record strongest sales growth since market launch
Newly developed markets in the Asian region demonstrate the growing enthusiasm worldwide for typical MINI driving pleasure. In its British homeland, the premium brand set a new record with more than 46,000 registrations. In total, MINI registered 292,923 new models worldwide last year.
BMW Group stays on track for success in 2022: Maintains No. 1 position in global premium segment, doubles electric sales
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 with a total of 215,755 fully-electric BMW and MINI vehicles delivered to customers.
Rolls-Royce Spectre unveiled: The marque's frist fully-electric motor car
Spectre is not only an historic moment for Rolls-Royce, but also an historic moment for electrification – with Spectre, the marque confirms that the technology has reached a standard that can contain the Rolls-Royce experience. To that end, Rolls-Royce has confirmed that by the end of 2030 its entire product portfolio will be fully-electric.
Software for Charging Point Operators: BMW i Ventures Leads an Investment Round in AMPECO
BMW i Ventures announced a lead investment in AMPECO, an electric vehicle charging management platform that enables large-scale public, business, fleet, and residential providers to manage EV chargers at scale.
BMW i Ventures Announces Lead Investment in Green Lithium Refining Technology, Mangrove Lithium
BMW i Ventures announced today a lead investment in the Series A-1 financing round of Mangrove Lithium, a feedstock-flexible modular platform producing battery-grade lithium hydroxide and carbonate to improve the sustainability profile of lithium. BMW i Ventures is joined by existing investor Breakthrough Energy Ventures.
Revolution in the car industry: Parts made from recycled fishing nets
In a first for the automotive industry, the models of the NEUE KLASSE due to be launched from 2025 onwards will feature trim parts made of plastic whose raw material contains around 30 percent recycled fishing nets and ropes. This raw material is proactively sourced at ports all around the world to ensure that it doesn’t end up being discarded in the sea.
100-percent green power: BMW Group to use sustainably produced aluminium wheels from 2024
The changeover of aluminum electrolysis and wheel production is expected to save up to 500,000 tons of CO2 per year. In 2023, the first MINI model will be launched on the market with aluminum wheels made from 70 percent secondary raw material.
BMW Group establishes a closed recycling circuit for high-voltage batteries in China
The closed material cycle includes nickel, lithium and cobalt. The valuable raw materials are reused for the production of new battery cells. The batteries come from fully and partially electric development vehicles, test facilities, production rejects and, in future, end-of-life vehicles. This reduces CO2 emissions by around 70% compared to the use of primary material.
Leuchtturmprojekt: Konsortium entwickelt neue Konzepte zur Nutzung nachhaltiger Materialien.
Das Konsortialprojekt „Future Sustainable Car Materials” (FSCM) soll das Kreislaufsystem für Metalle und Kunststoffe über die Automotive-Wertschöpfungskette hinweg stärken. Das Datenökosystem „Catena-X“ liefert das nötige Datenformat für den digitalen Fingerprint der Materialien sowie eine Plattform für kollaborative Zusammenarbeit.
After comprehensive construction work, the new extension to Plant Dadong is ready to open. Owned by the joint venture BMW Brilliance Automotive Ltd (BBA), the plant will simultaneously launch production of the BMW X5 with extended wheelbase in its new extension, exclusively for the Chinese market.
BMW iFactory. LEAN. GREEN. DIGITAL. - Master plan for the production of the future.
It’s the master plan for the automotive production of tomorrow: The BMW iFACTORY production strategy defines the future orientation of plants and production technologies at the BMW Group and meets the challenges of the transformation to e-mobility.
Foundation stone laid for state-of-the-art plant in Debrecen
The foundation stone has been laid for the BMW Group’s new plant in Debrecen, Hungary. The new facility comes after an investment of more than €1 billion and will launch series production of the fully electric NEUE KLASSE in 2025.
BMW Group brings e-drives to Austria: Expansion of production and development at Steyr engine plant
From 2025 onwards, the next generation of e-drives will be created in Steyr – with both production and development on site – as BMW Group Plant Steyr embarks on an electrified future. The BMW Group will be investing around one billion euros in competence development in this area between now and 2030. The significant increase in capacity, which was announced by the company at an event on 20 June, will ensure the Steyr plant in Upper Austria remains the BMW Group’s leading drive-train location.
BMW Brilliance Plant Lydia inaugurated: Digitalization empowered vehicle plant sets new standards for future-oriented vehicle production
The BMW Group has expanded its production footprint in China with the opening of Plant Lydia in Shenyang, China. This major expansion of the BMW Brilliance Automotive (BBA) production base is a latest example of the BMW iFACTORY strategy, and sets new standards in future oriented vehicle manufacturing in the era of intelligent and electric auto industry.
BMW Group Announces $1.7 Billion (USD) Investment to Build Electric Vehicles in the U.S. and Signs Agreement with Envision AESC for the Supply of Battery Cells to Plant Spartanburg
The BMW Group continues the roll-out of its electromobility plan with a new investment in the U.S. to expand Plant Spartanburg and the company’s manufacturing footprint in the U.S. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a $1.7 billion investment in its U.S. operations, including $1 billion to prepare for the production of electric vehicles at the company’s existing U.S. manufacturing facility in South Carolina, and $700 million to build a new high-voltage battery assembly facility in nearby Woodruff, SC.
“Building the future of electromobility right here”: Commissioning gets underway at BMW Group Cell Manufacturing Competence Centre
The first systems have been installed and the buildings are ready to go into operation: Step by step, the BMW Group Cell Manufacturing Competence Centre (CMCC) is gearing up to go on-stream, as previously announced. In just a few months, more than 80 employees will be working here, at a facility that extends over roughly 15,000 square metres.
BMW Group to invest more than 2 billion euros in Hungarian Plant Debrecen by 2025
TheBMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. The company will create more than 500 additional jobs and invest over two billion euros in the construction and launch of the entire plant by the end of 2025.
Electrifying luxury: Production launch of the new BMW 7 Series in Dingolfing
The first series-produced vehicles of the new BMW 7 Series have today rolled off the production lines of BMW Group Plant Dingolfing. In fact, today was a double debut, with the new top-of-the-range BMW manufactured not only with highly efficient combustion engines but also as the fully electric BMW i7.
Start of BMW iX1 production in Regensburg ups the pace: By 2024, one in three BMWs from Bavarian plants will be electric
oday’s start of production for the fully-electric BMW iX1* in Regensburg illustrates the pace with which the BMW Group is ramping up electromobility. As announced almost two years ago, all German plants can now produce electric cars.
The BMW Group joins the Leather Working Group. The aim of the organization is to standardize environmental and social standards for global leather supply chains across industries and to certify manufacturers.
BMW i Ventures invests in High-Performance-Components made from natural fibers
The BMW Group acquires a stake in the Swiss company Bcomp, which produces sustainable lightweight solutions. Cooperation in motorsport is intensified and joint research and development work for the production of series vehicles begins.
BMW Group participates in responsible lithium mining in Chile
The “Responsible Lithium Partnership” is committed to responsible use of natural resources in the Salar de Atacama. The aim is to gain a common understanding with local interest groups. The BMW Group is contributing scientific studies on the effects of lithium mining to the project.
BMW Group invests in novel process for copper extraction
Through its venture capital fund BMW i Ventures, the BMW Group has taken a stake in US (Colorado) based company, Jetti Resources. The goal is to foster responsible and resource-conserving copper extraction to address rising demand in a more sustainable way.
BMW Group secures CO2-reduced steel for global production network
The BMW Group is systematically pursuing its climate goals for the supplier network and significantly reducing the carbon footprint of its steel sourcing. Following initial contracts with European suppliers, the BMW Group has now concluded further agreements for the supply of CO2-reduced steel in the US and China.
Driving fun for people with disabilities with the MINI Cooper SE
The driving and operating aids of the MINI Cooper SE enable emission-free driving fun for people with disabilities for the first time. For safe and sporty handling of the converted vehicle, MINI offers special driving safety training at the Driving Experience Academy Maisach near Munich.
10 years of Junior Campus at Deutsches Technikmuseum Berlin
Since 2012, the foundation Stiftung Deutsches Museum and BMW Group have been developing programs that allows kids and young people to discover new forms of mobility through interactive activities, and actively shape mobility of the future
BMW Group uses sustainable paints made from bio-waste
The BMW Group is using innovative technologies in its efforts to improve sustainability and taking advantage of new options to conserve resources and reduce emissions from painting bodywork. The BMW Group is the first automotive manufacturer worldwide to use matt paints made from biomass instead of crude oil at its European plants. In addition to this, BMW Group Plants Leipzig and Rosslyn (South Africa) are also using sustainably-produced corrosion protection.
BMW Group significantly increases use of low-carbon steel in series production at European plants
The BMW Group continues to reduce CO2 emissions in its supplier network as part of its ambitious ongoing sustainability activities. Steel produced using natural gas or hydrogen and green power, instead of fossil resources like coal, makes a vital contribution to this.
Strom statt Gas: Leichtmetallgießerei des BMW Group Werks Landshut setzt auf ressourcenschonende Elektroheizstationen für Aluminiumschmelze
Das BMW Group Werk Landshut überzeugt weiter in punkto Nachhaltigkeit: In der Leichtmetallgießerei, dem größten Produktionsbereich des Werks, sind seit kurzem in einem Pilotbetrieb erstmals mit Strom betriebene Heizstationen für die Aluminiumschmelze im Einsatz. So erhöht das Werk weiter die Energieeffizienz und senkt den Ressourcenverbrauch.
International collaboration develops progressive vision for urban production at the BMW Group
BMW Munich – Urban Production is an international architecture competition organised by the BMW Group in close cooperation with the City of Munich. The aim is to realise outstanding, future-ready production in the urban setting of the company’s home plant in Munich. The competition has now finished successfully, with the two winning architects’ practices – OMA of Rotterdam and 3XN of Copenhagen – opting to jointly develop their designs.