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BMW will present before the end of the year three new electric cars that will reach the dealers by 2021.

4/3/2018

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BMW will present before the end of the year three new electric cars that will reach the dealers by 2021.
BMW will present before the end of the year three new electric cars that will reach the dealers by 2021.

​BMW will present before the end of the year three new electric cars that will reach the dealers by 2021.

BMW confirms three new electric cars for this year.

BMW is preparing a new generation of all-electric vehicles that will be presented this year, as reported by the German company during the annual results conference of the BMW Group. Since the launch of the BMW i3 in 2013, the Germans have been working on a new range of electric cars of different sizes to finally create a range of zero emissions that is capable of satisfying all tastes.

"Throughout the year, we will present a series of concept vehicles 100% electric designed to be manufactured series, as the next electric BMW: the iX3 In addition, the range of electric will feature the new technological flagship, the BMW iNEXT, and the captivating BMW i Vision Dynamics, which will be released as BMW i4, "said Harald Krüger, CEO of BMW.

Thus, the German firm confirmed has confirmed that the BMW i Vision Dynamics will be released as the BMW i4, being one of the 12 battery models that BMW intends to have in the dealerships for the year 2025. The carmaker based in Munich also announced the electric version of the SUV X3, called iX3, which will be announced this year along with the BMW iNEXT. The Bavarian brand has announced that all of them will be manufactured in Germany.

"The BMW iNEXT is much more than a car, its modular structure will serve as a guide for all the company's launches and its different brands in terms of technology, design and new approaches, the iNEXT combines autonomous driving, connectivity and electrification," he added. executive.

Krüger added that the iNEXT, together with the i4 announced in Geneva, will use the fifth generation of the BMW eDrive powertrain, which will be able to offer greater all-electric autonomy. "With the fifth generation of the eDrive propulsion system, our vehicles will be able to travel between 550 and 700 kilometers using only electric power," he said. "Our future is definitely electric."

Although the prototypes will be presented this year, they are not expected to reach production until 2021. Meanwhile, BMW's next fully electric vehicle to go into production will be the electric Mini, the battery version of the sub-compact that Krüger has confirmed will be manufactured in Oxford and in Mexico next year.

Increase investment

As part of efforts to launch 25 electrified models to the market before 2025, BMW has decided to increase investment in research and development to a record high of 7,000 million euros this year.

The German firm said that despite the huge outlay for this investment, it expects the group's earnings before taxes to exceed 10,000 million euros in 2018. Spending on the development of electric cars and self-employed increased the investment in R & D to 6,100 million euros last year, and everything seems to indicate that it will continue to rise.

"The investment will increase by an additional three digits in millions of euros from year to year, due to the continuous work in electric mobility and autonomous driving," said BMW. BMW's R & D investment in 2018 is expected to represent between 6.5% and 7% of sales revenue. The manufacturer reported that this month has increased 5.3% operating profits in 2017 due to the growing demand for SUV models.

"In the automotive segment we expect to reach new historical highs in 2018. As long as conditions remain stable, we should see a slight increase in deliveries due to growth in China and the United States"
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