He added that, in his opinion, this tipping point was passed last year and “currently sales of internal combustion vehicles will continue to be flat and then decline slightly.”

It is said that BMW achieved its goal of pure electric vehicle sales accounting for 15% last year and plans to increase this proportion to 33% by 2026.

But Myrtle also said BMW won’t have the same profit margins on combustion engine cars and pure electric vehicles until at least 2026, noting that it would be more expensive to introduce new battery technology for later models.

According to official data from the BMW Group: A total of 2,555,341 BMW, MINI and Rolls-Royce vehicles were delivered globally in 2023, a year-on-year increase of 6.5%, setting a new sales high in the company’s history. BMW, Rolls-Royce and BMW Motorrad brands also set new sales records in 2023.

It is noted that the BMW Group’s global sales of pure electric models increased significantly last year, reaching 376,183 units, a year-on-year increase of 74.4%. In the fourth quarter, the BMW Group delivered 129,316 fully electric vehicles to customers, a year-on-year increase of 47.7%.

The BMW Group is confident in the growth of pure electric vehicle sales in 2024. The company currently has 18 pure electric models covering all major market segments. One in every five new cars delivered this year will be a pure electric model by 2025. , the proportion will increase to one quarter, and BMW predicts that sales of pure electric vehicles will exceed 500,000 units in 2024.

In 2023, the BMW brand delivered a total of 2,253,835 vehicles globally, a year-on-year increase of 7.3%, and sales reached a record high. A total of 330,596 pure electric vehicles of the BMW brand were delivered in 2023, an increase of 92.2%. In the fourth quarter, BMW brand pure electric vehicle deliveries reached 113,458 units, an increase of 55.4%.

BMW also announced on January 10 that its century-old Munich factory will undergo an upgrade and will only produce pure electric vehicles from the end of 2027.

The factory dates back to 1922. BMW said the factory is the “heart” of BMW, is innovative and adaptable, and will be completely renovated while producing about 1,000 vehicles per day. To this end, BMW will invest 650 million euros (Note: currently about 5.096 billion CNY) to complete the transformation of the plant and produce the new Neue Klasse sedan in 2026.

The post BMW CFO: Sales growth mainly comes from electric vehicles appeared first on TechGoing.

The factory dates back to 1922. BMW said the factory is the “heart” of BMW, is innovative and adaptable, and will be completely renovated while producing about 1,000 vehicles per day. To this end, BMW will invest 650 million euros (Note: currently about 5.096 billion RMB) to complete the transformation of the plant and produce the new Neue Klasse sedan in 2026.

According to reports, BMW’s Munich factory is a “model” for the company’s smooth transition to the era of electric vehicles. In 2015, the factory realized the co-production of the plug-in hybrid 3 Series and the fuel version of the 3 Series; in 2021, the pure electric i4 model will roll out of the same production line. The €650 million investment will cover four buildings, including a new vehicle assembly line, logistics areas and new body shops.

According to previous reports, BMW’s factory in Munich has ended internal combustion engine production on November 15, 2023, marking the end of an era.

The last internal combustion engine produced at the Munich plant was a V8 that rolled off the assembly line on November 10, German media outlet BR24 reported. The plant’s 1,200 employees will be retrained and placed in other positions or at other BMW plants.

The Munich plant has been producing the i4 electric vehicle since October 2021 and will also be the production base for future electric vehicles based on the Neue Klasse platform. BMW Blog understands that other electric cars to be built in Munich include the electric 3 Series (known as the i3), the i3 Touring and the second-generation i4. The automaker has confirmed it will launch six electric vehicles based on the Neue Klasse platform between 2025 and 2027.

The post BMW spends 650 million euros to transform Munich’s century-old factory appeared first on TechGoing.

BMW will use Amazon’s AWS service as the preferred cloud service provider for its assisted driving platform, using AWS’s cloud data center, computing, generative AI, Internet of Things, machine learning and storage capabilities to accelerate the development of BMW’s new advanced assisted driving vehicles. Development and delivery process.

BMW said that after this cooperation, BMW will also work with its partner Qualcomm to build a new intelligent driving platform based on Amazon AWS’s “scalable, safe and reliable” infrastructure. In addition, Qualcomm will provide BMW with advanced assisted driving technology based on the Snapdragon Ride platform starting in 2025.

As for the “next-generation model” mentioned above, its concept car Vision Neue Klasse has made its debut at the Munich Auto Show. It was previously reported that the car was developed based on the “Neue Klasse” basic platform for BMW’s next-generation electric vehicles. The first batch of electric models based on this architecture will be put into production in 2025.

Adrian van Hooydonk, head of BMW’s design department, said, “The design of Neue Klasse is a typical BMW style. It is so avant-garde that it looks like we skipped a generation of models.” At the same time, the official claimed that its “fresh, elegant, “timeless” design will become the hallmark of future Neue Klasse models, which will be launched in 2025-2027.

The post BMW partners with Amazon to develop a next-generation assisted driving platform appeared first on TechGoing.

▲ Picture source Motor1

Note: Neue Klasse “New Generation” is BMW’s new electric vehicle platform, not a single product line. BMW plans to start production of the first Neue Klasse electric vehicle in Debrecen, Hungary in 2025. Six other models based on the pure electric platform will be launched within 24 months of the first car’s debut.

▲ Picture source Motor1

It is reported that the new car released this time is roughly the same as the previously exposed renderings. The new car changes the “kidney” grille to a more obvious black glossy panel, and hides the headlights in it, while the engine hood part It is divided into two by a concave groove, making the entire front face more BMW ID design.

The side of the body also adopts the same design concept of BMW’s current model, which removes the redundant lines of the body, making the whole car look more sporty, and the lower part of the window is decorated with black trim to make it look more integrated .

▲ Picture source Motor1

BMW also stated that they have designed the sixth-generation cylindrical cells for pure electric vehicles on the Neue Klasse platform. It is to reduce the manufacturing cost of pure electric vehicles to the same level as fuel vehicles.

The post BMW’s Neue Klasse concept to be unveiled on September 2, could be next-gen i3 appeared first on TechGoing.

Image source Pexels

BMW said the move will help the company move to half of its global sales of electric vehicles by 2030.

BMW said it will produce the Neue Klasse’s all-electric model at its plant in San Luis Potosi, Mexico. BMW currently produces the BMW 3 Series, 2 Series Coupe and the new M2 at the plant.

The plant employs about 3,000 workers, and the investment is expected to add another 1,000 jobs, according to data. BMW will invest 500 million euros (currently about 3.68 billion CNY) to build a new high-voltage battery assembly center in San Luis Potosi, where Neue Klasse models will use new round lithium-ion cells.

The post With an investment of about $870 million, BMW will produce electric cars in Mexico appeared first on TechGoing.

According to Weber, electric vehicles using the Neue Klasse platform will feature a “huge technological leap” with next-generation battery and electric motor technology. The Neue Klasse electric car will feature a new concept called “pack-to-open-body” that allows BMW to customize its battery size to fit any model by using round cells instead of prismatic cells.

BMW will incorporate some of these technologies into its Neue Klasse lineup of electric vehicles, from 1-Series-sized sedans to large SUVs in the X7 class. These EVs will benefit from batteries with 20% higher energy density, 30% higher packaging efficiency, 30% longer range and 30% faster charging than the batteries BMW is currently using. In addition, the new battery is said to be 20 percent lighter, 50 percent cheaper to produce, and emit an estimated 60 percent less carbon dioxide during production.

BMW round battery unit (right) and prismatic battery unit (left)

Weber also revealed: “The combination of the new car’s 800V high-voltage system and high-performance charger can allow the new car to increase its cruising range by 48 kilometers per minute, up to a maximum of 600 kilometers.” This means that it only takes about 12 minutes to recharge the battery pack. Charge from zero to 95%.

In terms of power, the Neue Klasse platform will provide power output from 268 horsepower to 1341 horsepower, and the architecture can accommodate up to four electric motors. At present, the BMW M brand is already testing the first pure electric model equipped with 4 electric motors.

Most future Neue Klasse models will be available in both rear-wheel drive and all-wheel drive, with one or two SSM motors driving the rear wheels. BMW says the SSM motor has stable peak performance, high energy density, good repeatability, low noise emissions and an efficiency of up to 97 percent.

The platform’s battery packs range in capacity from 75 kWh to 150 kWh and provide a range of up to 621 miles (1,000 kilometers). However, Weber believes that making a big fuss about battery power and range is not the answer, because the impact of size and weight is just the opposite. Instead, BMW focused on improving vehicle energy efficiency. According to Thomas Albrecht, owner of Efficient Dynamics, the Neue Klasse will improve aerodynamic efficiency by at least 25 percent. BMW is also working on A+ tires, which are said to reduce rolling resistance by 7 percent, while improved low-loss hub bearings and friction-optimized brakes should improve efficiency by a further 4 percent.

BMW will preview the Neue Klasse platform with a Vision concept car at the 2023 International Consumer Electronics Show in January.

The post BMW Neue Klasse electric vehicle platform model parameters disclosed: takes only ten minutes to fully charge appeared first on TechGoing.