The roll-off of the production line of the last internal combustion engine produced at BMW's plant in Munich marks the beginning of BMW's full-scale shift to electrification. The Munich plant will no longer produce internal combustion engines, but will instead use the existing production line to produce parts for new energy vehicles. This move fully demonstrates BMW's determination to switch to electrification. In the past few years, BMW has been following the pace of the market and continuously promoting the development of electrification, and the proportion of new energy vehicles in BMW's vehicle production is also increasing. According to data released by BMW, BEV sales have accounted for 10% of BMW's total sales. In the Chinese market, the sales of pure electric vehicles reached 69,603 units, accounting for 15% of BMW's total sales in the Chinese market. BMW plans to launch 25 new energy vehicles in the next three years, of which 12 will be pure electric vehicles. These figures show that BMW is actively embracing electrification and has great confidence in the future development of electric vehicles.
While electrification is gaining momentum, there are still some challenges to completely replacing combustion engines. First of all, new energy vehicles cannot completely replace fuel vehicles in the short term. At present, the market share of new energy vehicles in the world is still low, and the market stock is relatively low. There are still some problems with new energy vehicles, such as insufficient cruising range and imperfect charging facilities, which limit the development of new energy vehicles. Secondly, the fuel vehicle industry chain is huge and cannot be completely replaced in the short term. The automobile industry is of great importance to the economy and employment of all countries, and if the fuel vehicle industry chain is replaced, it will have a huge impact on employment and the economy. Therefore, some countries may be reluctant to give up the traditional fuel vehicle industry, and the promotion of new energy vehicles will face certain resistance.
However, in the long run, it is an inevitable trend for new energy vehicles to gradually replace fuel vehicles. First of all, the technology of new energy vehicles continues to mature. In recent years, the technology of new energy vehicles has been continuously improved, the cruising range has been extended, the charging efficiency has been improved, and the charging facilities have been gradually improved. New energy vehicles also have the characteristics of intelligence, which makes them advantageous in terms of user experience and convenience of use. Secondly, policy support is also an important factor in promoting the development of new energy vehicles. In order to achieve the global carbon emission target, countries have launched fuel vehicle elimination plans, restricting the sales and use of fuel vehicles, and encouraging the development of new energy vehicles. For example, Norway plans to ban the sale of conventional combustion engines by 2025, the Netherlands plans to achieve zero emissions for all new vehicles by 2030, the United Kingdom will ban the sale of combustion engines by 2040, and France has made it illegal to sell combustion engines after 2040. The introduction of these policies will provide greater market opportunities for new energy vehicles. Third, from the perspective of energy sustainability, new energy vehicles are more advantageous. The main fuel for conventional fuel vehicles is gasoline, and petroleum resources are limited. With the continuous reduction of oil production, the ** of oil prices is a more common phenomenon, which is an economic burden for car owners. New energy vehicles mainly use electricity as fuel, and electricity can be obtained in a variety of ways, including the power conversion of traditional fuels, the utilization of renewable energy such as solar, wind, tidal energy, and even nuclear energy. This makes new energy vehicles more sustainable**.
Based on various factors, although the current fuel vehicle market still exists, in the long run, the trend of new energy vehicles replacing fuel vehicles is inevitable. Although new energy vehicles cannot completely replace fuel vehicles in the short term, with the advancement of technology, policy support and energy sustainability considerations, new energy vehicles will gradually replace traditional fuel vehicles in the future. It is expected that in the next 50 years, the market share of new energy vehicles will far exceed that of fuel vehicles, and in 100 years, fuel vehicles may become exhibits in museums.