BMW is the latest automaker suggesting a wave of EV buyers is expected to hit the market in the coming year. The German automaker’s CFO, Nickolas Peter, said in a video conference Monday he expects pure electric vehicle sales to reach 400,000 next year as demand continues building and supply chains ease.
BMW set to hit higher end of electric vehicle sales goal
BMW’s Chief Financial Officer (CFO) says it’s been a turbulent year for the German automaker, but things are looking up from here.
Lockdowns in China and supply chain issues during the first half of the year cut into profits. Furthermore, Germany and the UK saw demand slow as rising energy prices shook the markets, while France, Italy, and Spain remained stronger.
When asked about gas prices and energy supply due to the war in Ukraine, the German automaker’s CFO responded, saying, “the gas issue will not have any direct impact on us this year,” as BMW has already cut back its gas usage in Germany and Austria by 15% and will reduce further if needed.
BMW expects to continue seeing pressure this year, yet in 2023, it believes it can take another massive leap in electric vehicle sales. The automaker expects between 240,000 to 245,000 electric vehicle sales this year, more than double that of 104,000 in 2021, and it is hitting its goal of a 10% EV share of overall sales.
The luxury automaker expects that number to rise even further to about 400,000 in 2023 as buyers continue demanding pure electric vehicles.
In North America, BMW currently offers two pure EVs, the BMW iX SUV and the BMW i4. In China, the automaker also offers the BMW i3 and its first-ever fully electric 7-series, the BMW i7 sedan, which is slated to release in North America in 2023.
On top of this, BMW is launching its Neue Klasse (new class) vehicle platform specifically for electric vehicles in 2025 for its “next-generation” EVs.
By the end of the decade, BMW looks to achieve 50% electric vehicle sales of its overall total.
Electrek’s Take
BMW said it sold 75,891 electric vehicles in the first half of 2022, more than doubling from 2021. The automaker’s CFO seems confident that electric vehicle sales will continue picking up this year and into 2023 after mentioning demand picking back up in the third quarter.
With several highly anticipated EV releases (Rolls Royce Spectre, BMW i5, MIINI Countryman) next year, I wouldn’t doubt BMW’s ability to meet its target. However, the question going forward will be how well it can manage its supply chain and ramp production of these vehicles.
Demand isn’t the issue. BMW mentioned the “high desirability of its pure electric models among customers worldwide” in its first half electric vehicle sales release. The issue will come down to resolving the supply chain bottlenecks, which have been disrupted since the pandemic.
The energy crisis in Europe is adding fuel to the fire, as several critical auto parts suppliers are being affected and passing on higher costs to automakers.
Other German automakers, including Volkswagen and Mercedes-Benz, have both prepared for the worst, increasing orders from suppliers outside the affected area, according to Reuters. Will BMW be next to follow? If they are going to hit their aggressive electric sales targets, I wouldn’t be surprised to see them do the same in the near future.
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Portable bathroom company Diamond Environmental showcased its new, all-electric RIZON medium duty commercial truck at a San Marcos, California mobility event last month – and the verdict is in: these electric trucks don’t stink!
City officials from San Marcos attended the electric vehicle and sustainability-focused event, including San Marcos Mayor Rebecca Jones, San Diego Land Policy Advisor Hunter McDonald, and councilman Ed Musgrove. The stars of the show, however, were Diamond Environmental’s four RIZON e18L medium-duty commercial EVs.
“RIZON trucks are perfect for our daily local operations and align with our environmental and sustainability goals,” explained Alex Fortunati, CEO of Diamond Environmental. “Thanks to San Diego County’s incentive programs, we could economically make the transition to electromobility.”
For their part, the RIZON seems genuinely excited for the high-visibility partnership with Diamond Environmental.
“We’re pleased to support Diamond Environmental in their transition to zero-emissions RIZON trucks, enhancing both convenience and flexibility in their operations. Our sales team collaborated closely with them throughout the selection process to customize trucks that perfectly meet their business needs,” said Alex Voets, General Manager of RIZON USA. “We are proud to contribute to the innovations in today’s electric truck market, driving towards a more sustainable future for our communities.”
The RIZON offers fast-charging options for its 124 kWh battery pack, including DCFC up to 104 kW and Level 2 AC up to 14.9 kW, minimize downtime for the company’s daily delivery routes, achieving a range of up to 160 miles on a single charge. More than enough, in other words, to handle whatever loads Diamond Environmental will dump on it.
Funding for the trucks came, in part, from the Innovative Small e-Fleet (ISEF) Program that offers qualifying small fleets a minimum voucher of $120,000 toward an all-electric Class 4-5 electric truck, as well as region-specific incentives, like the San Diego County Air Pollution Control District’s grant program.
Electrek’s Take
There’s a total place in the North American market for an agile, easy-to-drive medium duty truck like the RIZON, and Daimler’s nationwide network of Freightliner and Western Star dealers should give first time MD buyers a bit more peach of mind than they might get from a startup brand.
Developed by Indian company Farmrobo Technologies, the iMog is a fully autonomous, multipurpose electric farm tractor designed to be a cost-effective solution to support small-scale farming operations and hobby farms.
In constant development since 2019, the Farmrobo iMog weights in at “just” 550 lbs., and is just two feet wide and four feet long. That’s small enough to allow it to easily fit between tightly-packed rows of crops without damaging them. The robot’s small size also makes it pretty efficient – its 8 HP electric motor can run for up to 5 hours on its relatively small 90 AH LFP battery (about 4 kWh, assuming a 48V system).
The robot uses RTK-enabled GPS, which stands for “Real-Time Kinematic Global Positioning System.” RTK-enabled GPS combines standard GPS signals with real-time correction data from local base stations, delivering what the company calls “centimeter-level positioning accuracy.” The robot can then be programmed to operate on a given route or path by the farmer, or operated remotely via on-board cameras.
The iMog also features an innovative Power Take-Off (PTO) system that allows it to power a range of conventional attachments that includes a roto-tiller, high-tech sprayer, a mulcher, and more. The base robot retails for €12,000 and is available in India, the Middle East, and (now) in Europe.
As I write this, Farmrobo claims 20 examples of its iMog robot tractor are currently in operation, with many more on their way to customers.
What would you get if you created the illegitimate love child of a Mercedes G-Wagon and a Brinks armored truck (and perhaps if the Mercedes chain-smoked through the pregnancy)? I think you’d wind up with something like the wacky-looking electric cart that has earned the dubious honor of being named this week’s Awesomely Weird Alibaba Electric Vehicle of the Week!
I’m not sure this is exactly an armored golf cart, so I wouldn’t invite any unnecessary potshots while cruising your hood, but I’m at a loss of how else to describe it.
It’s definitely not a “real” car, as evidenced by its US $6,999 price tag and the 30 km/h (18 mph) top speed. If you ask me though, that speed goes in the ‘advantages’ column. When you drive something that looks this good, you want to be going slow enough to give people a good, long look.
A vehicle like this is designed to send a statement. Unfortunately, I think that statement might be, “I wanted a Jeep but my spouse wanted to remodel the kitchen.”
So if it’s not a real car, then what is it?
Measuring a stubby 306 cm long (an entire half inch over 10 feet), this four-seater mini-SUV is less G-Wagon and more “Oh, gee” wagon. It can supposedly carry up to 370 kg (815 lb) in passengers or cargo, but there’s no telling how much of a dent that puts in the already challenged top speed.
Safety might also be a passing concern. It doesn’t have any seatbelts, but the tires look like they just about extend out past the front and rear, so at least you’ve got some nice shock-absorbent bumpers built into the design.
The advertisement claims a maximum range of up to 80 km (50 miles) per charge, which seems like several more miles than anyone needs from something like this.
There’s no word on battery technology, which means I’m assuming either features older lead acid tech or there’s a frunk full of lemons and a bunch of loose wires running through the firewall.
I’m glad to see that the roof rack is at least equipped with enough LED lights to make an airport runway jealous, just in case I find myself stuck in the wilds of my backyard after dark. And that roof rack even looks pretty heavy-duty, though since the cart is considerably taller than it is wide, tight turns with a heavily-loaded roof rack should probably be avoided.
As much as I love this thing, I don’t think I’ll be whipping out my credit card any time soon.
Don’t get me wrong, I’ve bought plenty of bad ideas on Alibaba before. But since my $2,000 electric truck ending up costing me nearly 4x that much by the time it landed in the US, I’m a bit worried what the final price tag on a $6,999 Mini-MegaOverlander would become.
I don’t recommend anyone actually try buying this cute little TinyTrailblazer either, and I’m certainly not vouching for the vendor, who I discovered by chance while scrolling through Alibaba to procrastinate real work. Keep in mind that this is all part of a tongue-in-cheek column I write, diving into the depths of Alibaba’s weird and funny collection of awesome electric vehicles.
But hey, if someone does go that route, it wouldn’t be the first time my advice has been ignored and some awesome photos have landed in inbox several months later. Just don’t say I didn’t warn you if it turns out some Nigerian prince has your last paycheck and you’re up a creek with no MicroMudder to come bail you out!
When your local HOA finally gets its own tactical response unit
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