BMW Group
BMW Group, a global automaker, reached a milestone of one million fully-electric vehicles and generated revenues of €155.5 billion in 2023, with a strategic focus on electric mobility and sustainability.
BMW Group Electric Vehicle Milestone
BMW Group has reached a significant milestone in its journey toward electric mobility by achieving the delivery of one million fully-electric vehicles. This achievement highlights the company's ongoing commitment to expanding its Battery Electric Vehicle (BEV) lineup and addressing the global demand for sustainable transportation solutions.
Global Production and Sales Network
BMW Group operates over 30 production sites around the world, supporting a vast and complex manufacturing and assembly process. These facilities are complemented by a comprehensive global sales network that allows the company to reach customers in 140 markets worldwide. This global footprint plays a crucial role in the company's ability to deliver over 2.55 million vehicles annually.
Focus on Electric Mobility: Neue Klasse
BMW Group is strategically focusing on electric mobility with the development of the Neue Klasse, a new vehicle platform slated for launch in 2025. This initiative represents a significant step in the company's commitment to future mobility, emphasizing advancements in electric vehicle technology and sustainable automotive innovation.
Employee Workforce
As of the end of 2023, BMW Group employs over 154,950 individuals worldwide. This diverse and skilled workforce is a critical asset in the company's operations, driving innovation, manufacturing, sales, and service across its global network.
Revenue and Market Performance
In 2023, BMW Group generated revenues of €155.5 billion, showcasing strong financial performance. The company's ability to maintain robust sales figures, with 2.55 million cars sold across 140 markets, reflects its competitive position in the global automotive industry.
Sustainability and Environmental Commitment
BMW Group emphasizes sustainability and is committed to adhering to environmental standards and promoting recycling practices. This focus includes efforts to reduce the ecological footprint of its production activities and to integrate sustainable materials and practices throughout the vehicle lifecycle.
Connected Car Initiative
BMW Group is advancing vehicle connectivity through its Connected Car initiative, which aims to integrate hardware and software for future autonomous cars. This initiative supports the development of enhanced connected services and features, paving the way for next-generation, autonomous mobility solutions.