BMW hopes to sell two million purely electric vehicles (EVs) by 2025, having recently sold its one millionth purely electric or hybrid vehicle.
Peter Nota, a member of the board of management, said BMW has reached a “milestone in our transformation – and we already have the next one in our sights. We aim to break through the two-million mark in just two years.”
“By 2025 the BMW Group will have delivered around two million fully-electric vehicles to customers.”
“We expect at least one out of every two BMW Group vehicles sold to be fully electric by 2030.”
However, while it has set these targets, the group outlines that it is only achievable via a “swift and comprehensive expansion of charging infrastructure.”
READ: UK public electric vehicle charging infrastructure is falling behind new EV car sales
The company has already installed over 250,000 charging points across Europe for its BMW and MINI ranges, as well as offering home charging solutions to its customers through its wallboxes.
It is also in a joint venture called IONITY with Ford, Mercedes, Audi, and others, which aims to create charging solutions in some of Europe’s largest motorways.
IONITY has recently received investment totalling €700mln from existing shareholders and new investor BlackRock (NYSE:BLK), for network expansion.