Of course, you are also interested in how the BMW share price is performing. Actually, it has risen by more than 15 percent since the start of the year. But there is still a long way to go until the end of the year. And there are still a lot of risks. We will stay ambitious, determined and self-assured.
Our sales are expected to regain their pre-coronavirus level of around 2.5 million vehicles by the end of this year. Companies need to grow. That's why we are targeting the milestone of three million vehicles per year before the end of this decade. We will make sure the way there is profitable and tech-forward.
BMW is pure high-tech. In a complex environment, your company scores with its strong ability to perfectly integrate a wide variety of systems and requirements. This is also a matter of timing.
Our intelligent vehicle architectures for different drive trains are a good example of this. They are currently enabling us to tap into the full potential of markets worldwide.
We are digitalising all processes at the company - from production, to sales and marketing. And we always think of hardware and software together, like we did with the BMW iX: This vehicle has our most powerful data processing system ever, BMW Operating System 8 - which was designed for 5G.
Our society's most important shared responsibility is climate protection. The key to climate neutrality lies in targeted use of technology. At the Annual General Meeting, I will also be sharing our electromobility roadmap with you. In the year 2030, at least half the vehicles we sell will be fully electric. By then, we will have around ten million electric vehicles on the roads.
And the greenest electric car will be a BMW. We are systematically reducing emissions throughout the entire value chain and aim to avoid at least 200 million tonnes of CO2 by 2030. We are also measuring ourselves again our goals. This is the idea behind our first Integrated BMW Group Report.
This, for me, is about actively taking responsibility.
The next big leap forward will come in 2025: When we will be launching a fundamentally new product
offering for the markets of tomorrow. We call it: die NEUE KLASSE. The NEW CLASS. It is a class of
its own in every respect: electric, digital and circular. We will use secondary materials in a targeted
manner and set an example. From the outset, we will make sure: raw materials that were once a car can become a car again.
It is a NEUE KLASSE for a new age - when individual mobility will no longer be a climate factor. In other words, dear Shareholders: Your company has a future!
I am looking forward to our Annual General Meeting.
Until then, stay healthy!
Chairman of the Board of Management