BMW Group continues to reduce EU CO2 fleet-wide emissions in 2023

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Munich. The BMW Group continues to systematically
reduce its fleet-wide CO2 emissions and is making an
important contribution to realising its ambitious CO2
reduction targets for the whole group.

Based on preliminary internal calculations, the BMW Group’s EU
fleet-wide emissions came in at 102.1 grams per kilometre (WLTP) for
2023 (2022: 105 grams per kilometre). This represents a reduction of
2.8 percent from the previous year. The BMW Group also outperformed
the applicable fleet target limit for the company set by the European
Union EU27+2 (EU, Norway, Iceland) of 128.5 grams per kilometre by
26.4 grams in 2023.

Implementation of the BMW Group’s electrification strategy is a key
driver for its continuing efforts to reduce fleet-wide emissions.  In
2023, the company sold a total of 376,183 fully-electric vehicles
worldwide – 74.4% more than in 2022. The BMW Group’s sales growth for
fully-electric vehicles in 2023 therefore outpaced growth in the total
BEV market.

With more than 15  fully-electric models in its line-up, the BMW
Group aims to continue its successful BEV growth in 2024. One in five
of the company’s newly delivered vehicles should have a fully-electric
drive train this year; by 2025, it should be one in four. 

In addition to increasing electrification of the BMW Group fleet,
continuous further development of conventional drive trains also
helped lower CO2 emissions. The latest update to the drive
train kit has further boosted the efficiency of internal combustion
engines, especially since autumn 2022.

The BMW Group views continuous emissions reduction across its vehicle
fleet as an integral part of its sustainability strategy. By 2030, the
company plans to reduce its total CO2 emissions by at least
40 percent per vehicle from 2019 levels. The aim is to achieve this
throughout the entire value chain – from the supply chain to
production to the use phase. The BMW Group plans to be climate-neutral
no later than 2050.

With these objectives, the BMW Group is pursuing a path that is in
line with the Paris climate goal for limiting global warming. The
company is the first German automotive manufacturer to join the
“Business Ambition for 1.5° C” campaign launched by the Science-Based
Targets Initiative and also part of the United Nations’ international
Race to Zero campaign.

The delivery figures reported in this press release are provisional
and may change up until the BMW Group Report 2023 is published.

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