BMW Group hands over one-millionth electrified vehicle

Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales noted that the company already has its next target in its sight. “We aim for two million electrified vehicles on the roads in just two years,” he said.

Nota  handed over the milestone vehicle, a BMW iX xDrive40 (Power consumption in kWh/100 km: 22.5-19.3 WLTP), to its owner at BMW Welt on December 6. The company included a special bonus with the delivery: The customer not only received the keys for his new vehicle, but also a BMW Wallbox, including installation, to enable safe and convenient home charging, as well as a credit for public Europe-wide charging with BMW Charging.

 The BMW Group released two key innovation flagships, the BMW iX and the BMW i4, onto the market in mid-November. Both models are being very well received by customers worldwide – as reflected in new orders from around the globe.

Over the next year, the BMW Group will expand its electrified product line-up to include fully-electric versions of the BMW 7 Series and BMW X1. The high-volume BMW 5 Series will be added to the electric portfolio in 2023. The successor to the MINI Countryman and the all-electric Rolls-Royce Spectre will follow. By 2023, the company will already have at least one fully-electric model on the roads in about 90 percent of its current market segments. Over the next ten years or so, the BMW Group plans to release a total of about ten million fully-electric vehicles onto the roads.

The MINI product range will already be exclusively all-electric by the early 2030s and Rolls-Royce will be an all-electric brand from 2030 on. All future new models from BMW Motorrad in the field of urban mobility will also be fully electric.

BMW GROUP SIGNS DIRECT AGREEMENT WITH CHIP SUPPLIERS TO SECURE SUPPLIES

The BMW Group entered into a trilateral agreement with high-tech microchip manufacturer INOVA Semiconductors and feature-rich semiconductor foundry GlobalFoundries to secure several million semiconductors per year.  The first deliveries will be for the BMW iX .

To secure semiconductor supplies for the long term, the company has concluded a direct supply assurance agreement with high-tech microchip developer INOVA Semiconductors and GlobalFoundries, a manufacturer of feature-rich semiconductors. The agreement guarantees the BMW Group the supply of several million microchips per year. The microchips will be used in the ISELED (Intelligent Smart  Embedded) smart LED technology co-developed by the BMW Group, which will be deployed for the first time in the BMW iX and rolled out in further models. Customer deliveries of the BMW iX got underway in early November.