The German manufacturer has revised its electricity sales targets upwards, while increasingly stringent European CO2 emissions standards are forcing the entire sector to retrain.
Over the next ten years, BMW wants to sell ten million 100% electric models, against more than 4 million previously announced. A pioneer in battery-powered cars with the i3, the high-end brand has since fallen behind, especially with American competitor Tesla.
In addition to offering a purely electric option for each model in its range, BMW announced in March that the Mini brand would completely turn its back on combustion engines in ten years.
The manufacturer will invest 400 million euros to launch a new electric production line in its historic factory in Munich instead of the manufacture of heat engines.
The German group intends to achieve an electric share in its European sales of 60% by 2030 and 50% in total, without announcing a date for the end of combustion engines. He wants to sell a million electric cars in 2021 and will invest 46 billion euros in five years in his turn towards this technology.
The group’s VW brand wants to stop selling combustion-engine cars in Europe between 2033 and 2035 and switch to electric vehicles, giving itself more time in other markets, notably China. Its subsidiary Audi has announced that it will focus on new electric models from 2026, and stop producing cars with traditional combustion engines by 2033.
Porsche, a luxury subsidiary, has not announced an end to diesel or gasoline, but is aiming for CO2 neutrality by 2030. It will launch into the production of battery cells, as part of a joint venture with the specialist German company Customcells, in which it is investing nearly 100 million euros.
Lamborghini, Italian sports car manufacturer which also belongs to the German giant, unveiled in May “its roadmap towards electrification” of its models, an ambitious plan which involves an investment of more than 1.5 billion euros over four years. In 2023, Lamborghini will launch its first hybrid series model, and “by the end of 2024, the entire range will be electrified”.
Car manufacturers PSA (Peugeot-Citroën-Opel) and FCA (Fiat-Chrysler) want to play a leading role in the ongoing electrification of the automotive market and they will no longer invest in the development of combustion engines. Stellantis wants to sell 70% of hybrid and electric vehicles by 2030, against 14% expected in 2021.
Renault will install at the beginning of 2022 in Hauts-de-France the heart of its production of electric vehicles, with an “ElectriCity” pole based on three existing factories, which will manufacture among others the new electric R5, and on a new factory of batteries. The group has “the ambition to make the Renault factories in Hauts-de-France the largest and most competitive of electric vehicle production units in Europe”. The development of this division is part of the “Renaulution” plan presented in early 2020, with which Renault intends to turn resolutely towards electricity.
A subsidiary of the Chinese group Geely, the brand plans to withdraw from its catalog by 2030 all its combustion models, including hybrids, the same date as Bentley, or Ford for Europe.
“By 2025, half of our cars will be electric” announced in March in an interview with AFP Håkan Samuelsson, CEO of Volvo Cars.
The American General Motors intends to stop building cars with polluting emissions by 2035, although it has not openly committed to offering only electric vehicles in 2035. “We are taking action to achieve it, ”said a spokesperson in January. “It will require collaboration from the rest of the industry, governments and customers. “
The pioneer of hybrid cars plans to achieve 10% of its sales in electric and hydrogen in Europe by 2025, alongside 70% of hybrids, 10% of plug-in hybrids and 10% of gasoline-powered cars, he said. indicated in April.
The group will continue to “accelerate” in the electric sector and intends to double sales of electrified cars (including hybrids) in 2021 over one year. By 2025, 25% of cars sold should be electrified, before reaching a share of 50% in 2030, the group said in April.
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