BMW Group will launch four full-electric cars in the next two years as the automaker accelerates its shift to electrified models.
"We are fully committed to electric cars wherever the use of battery-electric drive trains makes sense, and it is possible because the conditions are right," BMW CEO Oliver Zipse said.
Battery-powered versions of the 7-Series upper-premium sedan and X1 compact SUV will arrive next year.
Electric versions of the 5-Series large-premium sedan and Mini Countryman compact SUV will arrive in 2023.
"By 2023 we will offer our customers at least one BEV option in nearly all our vehicle segments and over the next 10 years we aim to release a total of about 10 million fully electric vehicles onto the market," Zipse told analysts on earnings call on Aug. 3.
The full-electric 7 Series and 5 Series will be built at BMW's plant in Dingolfing, Germany.
The factory in also build the iX, BMW's flagship electric SUV, which will arrive in dealerships in the autumn, with the i4 electric sedan, which is produced at the automaker's Munich factory.
The full-electric version of the X1 and Mini Countryman will also be built in Germany, alongside internal combustion engine version -- the X1 in Regensburg and the Mini Countryman in Leipzig.
BMW Group's battery-powered cars currently comprise the i3 compact hatchback produced in Leipzig and the China-built iX3 SUV, and the Mini Electric hatchback, built in Mini's factory in Oxford, England.