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BMW to phase out fossil-fuel burning engines by 2024

October 23, 2021 / 9:37 AM
Sharjah24 – Reuters: BMW will stop making internal combustion engines at its main plant in Munich by 2024, its head of production said on Friday at a conference marking the start of production of its electric i4 model.
The ICE engines currently made in Munich will be produced in BMW's factories in Austria and the UK in future, production chief Milan Nedeljkovic said, though cars using the engines will still be assembled at the Munich plant.

Still, by 2023 at least half the vehicles produced in Munich would be electrified - either battery electric or plug-in hybrid, the company said.

BMW has set itself a target for at least 50% of new global car sales to be electric by 2030, and CEO Oliver Zipse said at a conference last week the company would be ready with an all-electric offering if any market banned ICEs by then.

The i4 battery-electric car was made on a joint assembly line with ICE and hybrid models such as the BMW 3 Series Sedan and Touring, the company said, a shift that cost 200 million euros ($233 million) of investment in production infrastructure.
October 23, 2021 / 9:37 AM

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