BMW has the right time to develop electric cars.

[kafa88]

BMW is now out of time to switch to electric cars, and its upcoming product will help raise perception that the German automaker is behind electrification and can make the stock compete with Tesla Inc. Said the senior management.There are perceptions that we have stopped. But we're actually not taking a break, ”Chief Executive Oliver Zipse told Reuters as part of an interview in a boardroom called“ Delivering Net Zero ”.We wait for the moment when electromobility is reaching higher volumes.


Carmakers are racing to slotsanook develop electric vehicles amid tighter carbon emissions standards in Europe and China, and BMW said it expects half of its sales to be full-electric vehicles by 2030.Zipse told Reuters that BMW's sustainability plan includes a reduction in CO2 emissions from the entire lifespan of the vehicle, from raw materials and manufacturing processes to road use, by accumulating 200 megatons internally. Year 2030, or seven times London's annual carbon dioxide emissions.BMW on Tuesday said it had signed a 285 million euro ($ 335 million) deal with U.S.-based Livent that would supply lithium,

a key component in battery cells, to the German automaker since the year. 2565 BMW currently builds hybrid combustion engines and electric models on a shared platform that critics say compromises electric vehicle performance and won't launch a dedicated electric platform until 2025.Volkswagen has developed its own electric vehicle platform early next month, Daimler AG will launch Mercedes-Benz. First generation exclusively on electric platforms If you look at what's going on in the market with these (electric) platforms, all the cars look the same," Zipse said. That all look the same


Zipse said he expects the EU to tighten its carbon emissions targets by 2030.He said the group should not have access to Euro 7 emissions proposals for pollutants, including nitrous oxide and lung-hazardous dust, due this year. The German auto industry said some of the pending proposals could effectively ban combustion engines since 2025.We should do it in a reasonable way to keep the combustion engine alive" because improving the engine will help meet climate goals, he said.


Zipse said BMW's market capitalization of about 55 billion euros was about 60 billion euros lower than equity.Something's wrong there," he said, "that you won't have a future.Asked if BMW would become a "stockist" like electric car maker Tesla, worth more than $ 500 billion, Zipse said, "Of course we can.The fair story is not finished for BMW," he said. "We have a great future. We will grow.