BMW will offer an entirely electric 5-series as part of sweeping product overhaul revealed on Monday as the German automaker looks forward to lowering vehicle emissions during production and on the road.
“In ten years, the goal is to have a total of more than seven million electrified BMW Group vehicles on the roads – around two thirds of them with a fully-electric drive train,” the automaker said on Monday.
Automakers have been pushing electric vehicles ever since European lawmakers in December 2018 ordered a slash in carbon dioxide emissions from cars by 37.5% by 2030 compared with 2021 levels. This will come after cutting 40% emissions between 2007 and 2021.
Starting next year, BMW said it will provide five fully-electric cars: the BMW i3, the MINI Cooper SE, the BMW iX3, the BMW iNEXT, and the BMW i4. In total BMW will have 25 electrified models on the roads by 2023, half of them entirely electric.
BMW stated it will also offer a wholly electric 5-series, but CEO Oliver Zipse refused to give a launch date.
BMW said its management remuneration is going to be more closely aligned with compliance to climate targets and that carbon emissions from production and sites would be decreased by 80% per vehicle.