BMW to reduce car lifecycle carbon emissions by 40% by 2030
BERLIN (Reuters) – BMW plans to reduce carbon emissions throughout the lifecycle of its vehicles – including the production process – by at least 40% from 2019 levels by 2030, announced Thursday the automaker, against a previous target of a third.
To achieve this, the Munich-based automaker intends to increase the proportion of recycled and reusable materials used in the manufacture of its vehicles from 30 to 50%, he said in a statement released ahead of the IAA Mobility conference. in Munich next week.
“We are on a clear path to achieve the 1.5 degree target,” said CEO Oliver Zipse, referring to the Paris Agreement.
BMW has been hesitant to set a deadline for the phase-out of fossil-fueled cars, stressing the limits to the expansion of electric vehicles, including the dire lack of charging infrastructure in the EU and elsewhere.
Yet the automaker has set a series of sustainability goals in the past, including generating at least half of BMW Group sales from electric vehicles by 2030 and reducing CO2 emissions per vehicle per kilometer. traveled at least half of 2019 levels in the same time frame. .
Like its competitors, the company has warned that its revenues in the coming months could be plagued by chip shortages and commodity prices, despite reporting higher-than-expected profits in its latest quarterly results.
(Reporting by Victoria Waldersee, Christina Amann, editing by Kirsti Knolle)