The high-performance automotive division of BMW M, a German automaker, is testing a brand-new electric “M Series” EV concept. The renowned BMW M team is developing an electric vehicle to add to its lineup of high-performance automobiles.
BMW’s high-performance “M Series” series, which was first developed 50 years ago to support the automaker’s racing goals, has now evolved into a status symbol and a favorite among racing enthusiasts. Like the majority of established automakers, BMW is making the switch to an electric future by releasing a number of EV vehicle types.
The BMW iX, an EV SUV, and the BMW i4, an electric vehicle, are the company’s two current all-electric models. In addition, the company will introduce the BMW i7 sedan in 2023, which will be offered in the US and China.
The automaker has been less eager to switch to all-electric vehicles than many of its competitors. However, by 2030, BMW hopes to have 50% of its total sales come from electric vehicles.
BMW will supply over 104,000 all-electric vehicles in 2021. BMW does add, though, that “from 2025, we will be ruthlessly moving the fundamental BMW brand into a new all-electric dimension with the “Neue Klasse.”
In other words, a “new class” of EVs from the BMW brand is on the way; today’s statement reveals the M Series line, which is known for its great performance, will be the next to go electric.
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The BMW iX is all-wheel drive, right?
Yes. BMW’s intelligent all-wheel drive, or xDrive, is standard on the BMW iX xDrive50 and iX M60. This cutting-edge system provides greater grip so you can drive with ease even in challenging weather and road conditions. In any driving circumstance, the BMW iX’s electric all-wheel drive technology delivers precisely the optimum amount of torque to the front and rear wheels.
At the New York Auto Show, Oliver Zipse stated that there was still a market for ICE vehicles and that businesses shouldn’t solely concentrate on EVs.
Oliver Zipse, the CEO of the BMW Group, has previously stated that he opposes outlawing internal combustion engines.
Early in February, the CEO explained to a group of German legislators that the combustion engine must be phased out gradually since doing so too quickly would harm the global market share of German automakers like BMW and wouldn’t “benefit the climate or anyone else.”
Oliver Zipse discussed this subject once more during a media roundtable at the New York International Auto Show last week. He claimed that there was still a market for cars with combustion engines and cautioned businesses from becoming overly dependent on a small number of nations by concentrating entirely on electric vehicles. He also emphasized how much of the raw material supply for batteries for electric vehicles is under Chinese control.
“We must exercise caution when evaluating the EV push and emerging technology because doing so simultaneously increases dependence on a select few nations. Would you rather suggest someone keeps driving their old car forever if they need a car but are unable to get an EV for any reason? Someone else will market combustion engines if you stop doing so.”
Fair trade motors and batteries
The iX is more aerodynamic than the svelte, low-slung i8 plug-in hybrid that the manufacturer used to demonstrate some of its initial ideas for electric vehicles, despite its height and five passenger capacity.
By purchasing the lithium for its EVs’ batteries from companies that practice environmental and social responsibility, BMW will enhance its reputation for sustainability. It will use production to give such “fair trade” lithium to its battery manufacturers.
The company has created its own electric motors to avoid using rare earth elements and other minerals that might have questionable ethical or environmental origins.
By 2030, 50% of all BMWs sold worldwide, according to BMW North America Executive Vice President Shawn Bugbee, will be either all-electric or plug-in hybrid versions. When internal combustion engines are totally replaced by electric vehicles in BMW’s output, a target date has not been specified.
Future mobility that is climate neutral must have electric drivetrains. This is the reason the BMW Group is extending its lineup of electrified automobiles. The Group will have at least one fully electric model available in almost all important sectors by 2023. With the Neue Klasse, the BMW Group intends to produce 50% more all-electric vehicles starting in 2025 while also substantially reducing its carbon impact over the whole life cycle. It will make use of its expertise as an e-mobility pioneer in doing so.
A dozen fully functional all-electric vehicles will be available from the BMW Group as early as 2023, due to sophisticated vehicle architectures and a very adaptable production network. So, from the compact segment to the ultra-luxury class, the BMW Group will offer at least one fully electric car in almost all key series. In 2021, the all-electric range for consumers was finished with the BMW i3, MINI Cooper SE, BMW iX3, BMW i4, and BMW iX. Additionally, the manufacturer has revealed all-electric variations of the BMW 5 Series, BMW 7 Series, and BMW X1. Both Rolls-Royce and MINI are steadfastly pursuing electromobility. For instance, the brand’s best-selling model in 2021 was the all-electric MINI.
Will all vehicles someday be electric?
The world as it could appear if fossil-fuel powered cars were phased out by the year 2040 is explored in a new analysis by Jon Berntsen and Frank Melum from the Thomson Reuters Carbon team. The analysis is displayed here in an interactive visualization created by Thomson Reuters Labs. The hypothetical scenario projects the effects of increasing EV adoption on a sliding scale from now to 2050 by substituting current worldwide sales with EVs and using historical passenger car sales trends as a guide. (The complete approach and premises are available here.)
According to the graph, only a minuscule fraction of the nearly 1.3 billion automobiles on the road in 2018 are hybrids and electric vehicles. Around 74 million new gasoline-powered vehicles, 11 million diesels, 2.5 million hybrids, and 1.4 million electric vehicles will be marketed this year. The existing fleet of fossil fuel vehicles emits slightly more than 3 billion metric tons of carbon dioxide, and the total amount of electricity required to power that fleet would be close to 13 terawatt hours.
According to the depiction, a change will become apparent by 2025. Sales of new hybrid vehicles reach a peak, and electric vehicles (EVs) gain market share steadily. While carbon dioxide exhaust emissions start to decline and power demand starts to rise, the number of vehicles running on gasoline and diesel starts to decline.
Nearly all major automakers are preparing to switch to electric automobiles, while Europe, China, and India are moving toward outlawing the sale of vehicles that run on fossil fuels. We are also witnessing the apex of the hybrid sales linear growth curve and the actual beginning of the EV sales exponential growth curve. Carbon emissions from transportation decrease as a result, but electricity consumption and grid pressure actually start to increase.
Nearly half of all vehicles on the road by 2040 will still be powered by fossil fuels, but all new cars sold will be electric vehicles (EVs). As a result, the amount of carbon dioxide produced by passenger cars would decrease to 1.7 billion metric tons, but the overall amount of energy needed to power the growing number of electric vehicles on the planet will have increased to roughly 1,350 terawatt hours.
In 2050, there will be an increased need for electricity of about 3,000 terawatt hours, he predicted, “if we assume that all automobiles sold in 2040 and onward are electric.” “To put that amount in context, the European Union now produces roughly 3,200 terawatt hours. Our current mix of power generation will need to shift significantly as a result of the rising demand.
Renewable energy sources account for over two-thirds of new electricity capacity, with solar accounting for about half. The cost of solar technology is continuously decreasing, and there are now instances where solar energy is more affordable than coal-fired power plants. Clean energy might be used to power the fleet of EVs in the future.
By 2030, which automaker will only sell electric vehicles?
Electric cars are quickly taking over the automotive industry. Public perceptions of climate change are changing, legislation banning internal combustion engines is imminent, and EV technology and charging infrastructure are advancing. Many current classic automobiles may soon switch to electric propulsion as well. Companies are predicting avalanches of new electric vehicles built on specialized EV platforms. Companies who have invested heavily in EVs are finding that they can’t produce them quickly enough.
In addition to developing the limited-edition Evija all-electric sports car, Lotus wants to be a leading EV brand by 2028.
By 2030, Bentley intends to run exclusively on electricity. By 2026, the brand will only offer electric or plug-in hybrid vehicles.
By 2035, GM promises to only sell electric vehicles. By 2030, Cadillac will set the standard for all-electric vehicles.
After hesitating, Toyota has now made big plans for electric vehicles. One of those plans is for Lexus to go completely electric by 2030 in North America, Europe, and China. And an electric LFA replacement could be coming.
By 2033, Audi promises to be electrified. In 2026, they will introduce their final new internal combustion vehicle.
By 2035, General Motors and its Chevrolet, GMC, and Buick brands would no longer produce combustion-engined vehicles, according to the company’s strategy. This strategy will include the brand-new Silverado EV truck, which will debut in 2024, as a crucial element.
How soon until all cars are electric?
By 2040, every new passenger vehicle sold worldwide will be electric, according to Exxon Mobil CEO Darren Woods. Electric vehicles, according to Exxon Mobil, are the future. According to the oil company, by the year 2040, every new passenger vehicle sold worldwide will be electric, CEO Darren Woods said in an interview with CNBC’s David Faber.
Why won’t electric cars become the norm?
If you choose to buy one of the various electric automobiles currently available, you are at the whim of the mechanics and experts trained to service them. Although perhaps not as frequently as gasoline-powered cars, EVs still require routine maintenance and repairs. The technology involved prevents you from performing this maintenance in your driveway, therefore you must always take your EV to the shop.
How durable are electric vehicles?
While driving, EV batteries go through cycles of “discharge,” and they “charge,” when the car is plugged in. The battery’s ability to keep a charge is affected by how often you repeat this operation. As a result, the distance between charges and the time between trips are reduced. The majority of manufacturers offer a battery guarantee of five to eight years. A battery for an electric vehicle, however, is expected to last between 10 and 20 years before needing to be replaced.
The connection between a battery and one or more electric motors, which power the wheels of the car, is surprisingly straightforward. When you step on the gas, the car immediately supplies the motor with power, which progressively uses up the energy stored in the batteries.
When you release the accelerator, the automobile starts to slow down by converting its forward momentum back into electricity. This happens more strongly if you apply the brakes. Electric motors also function as generators. By recovering energy that would otherwise be lost during braking, regenerative braking increases battery life and extends the travel distance of an automobile.
Do electric cars merit the expense?
Initially, electric automobiles are more expensive than gas-powered ones. According to Kelley Blue Book, the average cost of an EV is $56,437, which is about $5,000 more expensive than the average cost of a base-model, high-end, gas-powered car. However, the gas savings might offset the difference in sticker price. According to a Consumer Reports study, fuel costs are about 60% lower for EV users than for drivers of gas-powered vehicles. According to CNBC, the entire cost of a gas-powered automobile would be $94,540 over the course of its 200,000-mile lifespan, whereas the cost of an equivalent EV would be $90,160.
Additionally, federal tax incentives that can reduce the cost of your vehicle by as much as $7,500 are helping to cut the sticker price of EVs. Additionally, because to advancements in battery and technology, EVs should become much more affordable in the upcoming years.