BMW chief financial officer Walter Mertl said in a recent media roundtable BMW has passed the tipping point for combustion engine vehicle sales and now generates most sales growth from electric cars.
Ban fossil fuel sales
No margin parity before 2026
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Expand production in China
BMW also wants to manufacture its ‘New Class’ electric cars in China. After the market launch in 2025, the next-generation electric vehicle models and the batteries they require will also be produced by BBA in Shenyang from 2026.
In August last year, BMW also presented a particular version of its 5 Series Sedan and the all-electric i5 for the Chinese market. Like many Chinese versions, the China offshoots have a longer wheelbase, more space in the rear, and specific design and equipment features. The 5 Series Sedan and the i5 for the Chinese market will also be produced at BMW Brilliance Automotive’s Dadong plant in Shenyang.