Bmw Group Investor Presentation
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BMW GROUP INVESTOR PRESENTATION MAY 2020 BMW Group Investor Presentation, May 2020 Page 1 DYNAMIC STRATEGY. AN ONGOING TASK. POSITION. WHAT do we stand for? DIRECTION. WHAT drives us? STRATEGIC APPROACH. WHERE do we want to go? COOPERATION HOW do we achieve our goals? BMW Group Investor Presentation, May 2020 Page 2 BMW GROUP STRATEGY. WHAT do we stand for? WHERE do we want to go? POSITION. STRATEGIC APPROACH. We take on business, environmental We focus on our customers and and societal challenges. fulfil their diverse needs worldwide. HOW do we achieve WHAT drives us? our goals? DIRECTION COOPERATION. We offer inspiring premium We deliver top performance. products for individual mobility. Each of us makes a contribution, Today and for future generations. based on our values. BMW Group Investor Presentation, May 2020 Page 3 POWER OF CHOICE. OUR CUSTOMERS DECIDE WHAT IS RIGHT FOR THEIR NEEDS. BMW X3. PETROL & DIESEL. BMW X3 xDRIVE 30e. BMW iX3. VARIETY OF DRIVE TRAINS IN THE BMW X3. BMW Group Investor Presentation, May 2020 Page 4 BMW i. FROM “BORN ELECTRIC”. TO “ONE PLATFORM SERVES ALL”. 2013 FROM ONE PLATFORM “BORN ELECTRIC”. 2021 ON. FITS ALL POWERTRAIN DERIVATIVES … COMBUSTION ENGINE. PLUG-IN HYBRID. PURE ELECTRIC. BMW Group Investor Presentation, May 2020 Schematic illustration. Page 5 OUR CLEAR ROADMAP. AT LEAST 25 ELECTRIFIED MODELS BY 2023 INCLUDING AT LEAST 13 FULLY ELECTRIC CARS. BY THE END OF 2020 THE BMW GOUP WILL HAVE AT LEAST 12 PHEVS BASIC MODELS AVAILABLE. FULLY ELECTRIC. BMW i3 94 Ah/33 kWh BMW i4* BMW iX3* BMW i3 BMW i3, BMW i3s BMW i3, BMW i3s 60 Ah / 22 kWh 94 Ah/33 kWh 120 Ah/42 kWh MINI Electric BMW iNEXT* 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 BMW i8 Coupe BMW X5 BMW 740e, BMW i8 Roadster BMW 745e, BMW X1 xDrive BMW 330e BMW X1 xDrive25e xDrive40e Le, Le xDrive 25Le (CN only) Le, Le xDrive BMW 530e BMW 530e, xDrive BMW 330e xDrive Touring BMW 530 BMW 330e BMW i8 Coupé BMW 225xe Le China BMW 225xe MINI Cooper S E BMW 530Le BMW X3 xDrive30e BMW X5 BMW X2 xDrive25e Countryman ALL4 (CN only) xDrive45e PLUG-IN HYBRID. BMW X1 xDrive 25Le (CN only) BMW Group Investor Presentation, May 2020 Schematic illustration of future launch dates. | *Vision/Concept cars. Page 6 E-MOBILITY WITHOUT COMPROMISE. BMW CONCEPT I4. BMW i4 (2021). UP TO 600 KM RANGE (BASED ON WLTP). UP TO 530 HP. 5TH GENERATION BMW eDRIVE WITHOUT ANY RARE EARTHS. BUILT IN MUNICH. BMW Group Investor Presentation, May 2020 Page 7 LEADING PROVIDER OF ELECTRIFIED CARS. MORE THAN 146,000 UNITS SOLD IN 2019. ONE MILLION ON THE ROAD BY THE END OF 2021. END OF 2021 1 MILLION SALES. ON THE ROAD. 146,160 ELECTRIFIED CARS. 2019 END OF 2019 142,386 2018 500,000 ON THE ROAD. 103,103 2017 EV (BEV + PHEV) SALES YTD Q1 2020: 30,692 (+13.9%) 61,873 2016 32,732 2015 17,805 2014 BMW Group Investor Presentation, May 2020 Page 8 ELECTRIFIED VEHICLES. ONE MILLION ON THE ROAD GLOBALLY BY THE END OF 2021. ROADMAP EUROPEAN NEW VEHICLE FLEET. 2030 50% ELECTRIFIED. 2025 33% ELECTRIFIED. EUROPEAN SALES YTD MARCH. 2021 23% INCREASE ON PREVIOUS YEAR. 25% ELECTRIFIED. 10% ELECTRIFIED. BMW Group Investor Presentation, May 2020 Page 9 BMW IS THE MARKET LEADER FOR ELECTRIFIED VEHICLES IN GERMANY. BEV & PHEV SEGMENT SHARE 2019. EU-28 PLUS NORWAY. 77.2% BMW GROUP ALL OEMs Ø 8.6% Ø 3.5% BEV & PHEV MARKET SHARE 2019. GERMANY. BMW 21% 19.4% 12.1% 10.1% 10.1% 8.2% 7.5% 7.8% 6.6% MINI 3% 4.8% 5.2% GER UK IT FR ESP BEL NET SWE AUS NOR OTHERS OTHER END OF 2019. OVER 330,000 BMW GROUP PLUG-IN-HYBRID MODELS ON THE ROAD. OEMs BMW Group Investor Presentation, May 2020 Page 10 WHAT WILL DRIVE ACCEPTANCE AND PROFITABILITY OF E-MOBILITY GOING FORWARD … ACCEPTANCE PROFITABILITY OF EVs. Regulation favors OF EVs. Utilization of the pricing E-Mobility. potential of BEV/PHEVs. Optimization of the Charging Infrastructure. Diverse Product offering Improvement in Increase in volume/sales Production Efficiency. Smart and Efficient, covering different drivetrains, due to BMW i and Increase of charging prices and segments. iPerformance Rollout. points. Driving Range Extension Decrease in Battery with new storage topologies Costs due to new and motor configurations. innovations and scalability. Material Costs Reduction due to higher supply and higher volume. TIME OUTLOOK. TIME OUTLOOK. BMW Group Investor Presentation, May 2020 Page 11 SUSTAINABILITY. HOLISTIC APPROACH. SUSTAINABLE PRODUCTION. VEHICLE EMISSIONS. External electricity sourcing CO2-emissions EU-fleet: 100% renewable. -50% by end of 2020 (vs. 1995). CO2-emissions: -60% since 2006. 12 electrified models on offer, >500,000 xEVs delivered to customers. HOLISTIC SUSTAINABILITY APPROACH. IN THE SUPPLY CHAIN. CONSISTENT RECYCLING. Direct sourcing of Cobalt/Lithium. All vehicles 95% recyclable. No rare earth materials in electric Up to 20% of plastics in vehicles motors (Gen5). are made from recycled material. BMW Group Investor Presentation, May 2020 Page 12 SUSTAINABILITY IS FULLY INTEGRATED IN THE BMW GROUP AND LEADS TO TOP RATINGS. TOP RATINGS. DOW JONES MSCI ESG. CARBON FTSE4GOOD. ISS ESG. SUSTAINALYTICS. SUSTAINABILITY BMW’s A-rating DISCLOSURE Listed in the Corporate ESG Overall ESG Score: INDICES. remains unchanged PROJECT. FTSE4Good Index. Performance: Prime. Leader. The BMW Group is since August, 2017. In 2019, the BMW the only company in Group was ranked in the the automotive industry category Leadership continuously listed on with a A- rating. the index since the very beginning. MILESTONES. 1973 2000 2009 TODAY First environmental manager Executive Board resolution Establishment of Sustain- Sustainability is fully in the automotive industry. “Sustainability is a guiding ability Circle and Board. integrated across the whole principle of the BMW Group’s Corporate sustainability is value chain and part of corporate strategy.” declared as corporate target. divisional targets. BMW Group Investor Presentation, May 2020 Page 13 EFFICIENT DYNAMICS. ACTIVE CLIMATE PROTECTION SINCE 2007. EFFICIENT DYNAMICS. MILESTONES. 2007 2013 2019 AUTOMATIC START/ BMW i3: FULLY ELECTRIC 48 VOLT MILD STOP FUNCTION. SERIES-PRODUCTION CAR. HYBRID TECHNOLOGY. 2007 FUTURE. 2010 2016 2020 HIGH-PRECISION 3rd GENERATION AIR 5th GENERATION BMW INJECTION. FLAP CONTROL IN BMW eDRIVE TECHNOLOGY 7 SERIES . IN BMW iX3. BMW Group Investor Presentation, May 2020 Page 14 CO2 COMPLIANCE. WE WILL REACH OUR EU TARGETS FOR 2020 AND 2021. CO2-EMISSIONS. New passenger cars [g CO2 / km]. 210 190 170 -17% 2019 – 2020 150 2006 – 2008 -20% 130 110 90 BMW Group Investor Presentation, May 2020 Page 15 BMW CONSIDERS THE TOTAL VALUE CHAIN OF BATTERY CELL. FROM CRADLE TO GRAVE. RAW MATERIALS CELL DESIGN AND BATTERY RECYCLING. AND REFINING. PRODUCTION. “2ND LIFE”. Optimized performance/ Environmental Cell/module/ Cell/module/pack design costs based on BMW Group and social standards. pack design. to foster recyclability. application. Development of recycling Raw material optimized Securing production Application on processes with ability for chemistry design. capacity. BMW Group sites. to close material loops. Use of recycled Reduction Business Models Securing recycling raw materials. CO2 footprint. to secure markets. capacities. Securing raw material supply. BMW Group Investor Presentation, May 2020 Page 16 BMW VALUE CHAIN CHARGING. A HOLISTIC APPROACH. MULTIPLE MSP-PARTNER MULTIPLE CPO-PARTNER CHOICE MARKET SELECTED ENVIRONMENT CUSTOMER BMW GROUP DCS HUBJECT IONITY EXT. PARTNER BMW as initiator of a Fleet-, Workplace neutral eRoaming Access public BMW as selective and Dealership- platform. Basis for BMW as direct provider for the services: charging initator of charging Charging including RATIONAL Direct customer interface infrastructure and transnational and infrastructure due to energy-management as Integration of BMW-Customers in our eco- payment functionality as provider-agnostic high dependency on important enabler for e- system. important enabler of e- access and services infrastructure. mobility – via flexible mobility. within public charging cooperations infrastructure STRATEGIC BMW AS HOLISTIC INITATOR OF SERVICES THROUGHOUT THE ENTIRE VALUE CHAIN OF CHARGING TO GAIN AN EXCELLENT CUSTOMER EXPERIENCE. MSP: Mobility Service Provider (e.g. ChargeNow) BMW Group Investor Presentation, May 2020 CPO: Charge-Point-Operator (e.g. Ionity) Page 17 DCS: Digital Charging Solutions GmbH SYSTEM INTEGRATION. MASTERING COMPLEXITY. DESIGN. MANAGING MILLIONS OF CUSTOMERS SAFETY. IN SALES, FINANCIAL SERVICES AND AFTERSALES. PRODUCING 11,000 CARS PER DAY. 4,800 DEALERS IN 160 COUNTRIES. 4,500 SUPPLIER LOCATIONS. IN COMPLIANCE THOUSANDS WITH REGULATION. OF PARTS PER VEHICLE. ELECTRIFIED AND HIGH QUALITY AND PRECISION. EFFICIENT CONVENTIONAL ENGINES. CUSTOMIZABLE. AUTOMATED DRIVING. FLEXIBLE FOR CUSTOMER DEMAND. DIGITAL SERVICES AND INTERFACES. COMPETITIVE PRICING. ECO-FRIENDLY IN PROFITABLE. PRODUCTION AND OPERATION. BMW Group Investor Presentation, May 2020 Page 18 DIGITAL SOLUTIONS. INNOVATIVE AND EFFECTIVE USE CASES. CAR. PRODUCTION. REMOTE SERVICE ARTIFICIAL UPGRADE. INTELLIGENCE APPLICATIONS. QUANTUM COMPUTING RESEARCH. PURCHASING. FINANCIAL MATERIALS SIMULATION. RETRACEABILITY SERVICES. PROCESS OPTIMIZATION. BY BLOCKCHAIN. 100% DIGITAL MACHINE LEARNING. PROCESSES. BMW Group Investor Presentation, May 2020 Page 19 YOUR NOW JOINT VENTURE. THE "MOBILITY POWERHOUSE" WITH A SIGNIFICANT END CUSTOMER BASE AND COVERAGE WORLDWIDE. 588 MIO. TRANSACTIONS. >90 MIO. CUSTOMERS. 3.8 BN. GMV RUN RATE. GMV RR*** & & in billions € n/a YTD Q1 2020 CUSTOMERS** 2.7 45.4 10.0 39.8* 0.06 98.0 in millions 5.6 77.6 7.1 57.2* 0.14 148 INTERACTIONS in millions 16 151 19 >1,000* n/a >1,000 CITIES** * For U.S. entity of PARK NOW, March 2020 figures estimated BMW Group Investor Presentation, May 2020 ** Partially, customer data summation w/o consideration of possible redundancies. Page 20 *** Due to current uncertain situation not applicable to estimate FY 2020 value. THE ROAD TO AUTONOMOUS DRIVING. 200,000 1,800 23,000 m2 240,000,000 QUANTITY? TB OF DATA.