BMW's Neue Klasse EVs Aim To Be Profitable As Gas Engines Get More Expensive

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BMW's Neue Klasse EVs Aim To Be Profitable As Gas Engines Get More Expensive
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At 'high volume,' BMW's new crop of EVs aim to make just as much money as internal combustion vehicles—which are getting more expensive to make.

In every way possible, from design to performance to financial stability, the original Neue Klasse cars of the 1960s and '70s defined what we understand BMW to be today. That BMW's next generation of electric vehicles bears the same name underscores how important they are to the German automaker's future as well.

Its current lineup of EVs, like the BMW i5, i4 and iX, are profitable, a company spokesperson told InsideEVs. And while it has not committed to an end date for its combustion engines as other automakers have, it has ended production of them at its historic headquarters in Munich and had an extremely successful 2023 on the EV sales front. Last year, BMW pulled off a record 376,183 global electric sales, a relatively high 15% of its total volume.

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