Business Wire India - Multimedia: Digest for March 06, 2024

Business Wire India - Multimedia Multimedia By Business Wire India

Table of Contents Forum of Indian Food Importers Brings Largest International Participation at AAHAR 2023 Formlabs Dental Delivers New Solutions to Make Digital Dentistry Easier United Way Delhi Launches Multi-Purpose Mobile Health Van in Collaboration with District Health Department Poonawalla Fincorp Launches Kya se Wah Campaign for Its Unsecured Business Loan and Professional Loan Merck Foundation CEO: Our Vision is to Transform Patient Care Landscape in Africa and Beyond BMW Group Expects Profitable Growth in 2023 – Through Dynamic BEV Ramp-up and High-End Premium Segment

Forum of Indian Food Importers Brings Largest International Participation at AAHAR 2023 Wednesday 15 March 2023 06:16 AM UTC+00 Business Wire India AAHAR – The International Food & Hospitality Fair" is one of the most prominent and highly recognised trade show for the sector in Asia which has also shown exponential growth since its inception.   The 37th version of AAHAR will be held at Pragati Maidan exhibition center, New Delhi from 14th to 18th March 2023. The show is organised by the Trade Promotion Organization of India (the main trade promotion agency of the Government of India) together with the support of the Ministry of Food, Processing, Agricultural and Food Products Industries Development Authority (APEDA) and industry bodies like the Forum of Indian Food Importers (FIFI).   The highlight of this show, which has become its USP, is the international pavilion curated by FIFI. This international arena by FIFI is the largest aggregated space in the show encompassing an area of 3800 sq meters with 90 exhibitors, 640 companies, 7250 international brands, and has participation from over six countries like Australia, Canada, Chile, Peru, Russia, United Kingdom; and United States of America. The event underscores FIFI's position at the forefront of industry transformation and leads the way in tackling critical issues in the sector. FIFI has a long-standing legacy as a globally trusted partner, and is a key contributor to the economic growth of agricultural, food, and beverage sector in country.    "With India's G20 presidency, year 2023 is of great value for all of us, the show is without a doubt going to serve as a critical opportunity to convene the global F&B industry in the first quarter of 2023, and is an opportune platform to demonstrate how Indian businesses have re-engineered themselves in line with the global trends. In a world full of competition food and beverage sector foresees great growth potential. But to activate this we need to unlock the global mindset and work together in coherence with countries of the world for a mutually beneficial business and sustainable trade growth," says Amit Lohani, Founder Director of FIFI. Upon being asked how FIFI is able to accomplish such a feat he further added, "It is with the support of the enthusiastic FIFI core team and dynamic members that we have been able to curate this meaningful platform for bilateral trade. Each exhibitor tries to add value to the engagement by including chef demonstrations, live sampling, knowledgeable interactions, awards, lucky draws, and many other activities. We warmly welcome all the stakeholders to walk the FIFI exposition to see what the world has to offer."   The show is expected to draw in more than 80,000 visitors from all over the world. The event will feature over 1,000 exhibitors showcasing a wide range of products and services, including food and beverages, catering equipment, packaging solutions, kitchen appliances, and more. "We are thrilled to be hosting AAHAR 2023 in New Delhi," said Manoj Dugar, Director of Dugar Overseas Pvt Ltd. "The event provides a unique platform for companies in the food and hospitality industry to showcase their products and services, as well as to network and collaborate with other players in the sector."   The exhibition will also feature a series of seminars, workshops, and panel discussions on the latest trends and technologies in the food and hospitality industry. Attendees will have the opportunity to learn from experts and industry leaders, as well as to share their own experiences and insights. "AAHAR is more than just an exhibition - it's a platform for innovation, learning, and growth," added Mr. Manoj Dugar. "We are confident that the event will help to drive the growth of the food and hospitality industry in South Asia and beyond."   Drawing participation from across the globe that hold interest in bilateral trade with India also includes first time participants from several countries – India's biggest trade show for F&B sector provides importers, exporters, manufacturers, distributors, retailers and buyers with an ideal platform to explore opportunities, expand trade ties, and share know-how about best practices in the industry. Among other countries, Canada has a strong presence and long standing relationship with the AAHAR trade show. "The promising F&B sector potential between India and Canada topped with the strong platform created by FIFI, leads to continued interest from the businesses from both the countries," says Mr Nitin Verma, Trade Commissioner of Canada to India. "Bilateral trade dynamics between both the countries have been progressing for the past several years. And we look forward to receiving stakeholders at the Canadian pavilion to advance the trade relationships."

Formlabs Dental Delivers New Solutions to Make Digital Dentistry Easier Wednesday 15 March 2023 07:25 AM UTC+00 Business Wire India Formlabs Dental, the dental business unit of leading 3D printing company Formlabs, today introduces a suite of new dental-specific software, products, and materials designed to make digital dentistry even more accessible, intuitive, and efficient for dental labs and practices. At IDS, the world's largest dental show, Formlabs Dental debuts PreForm Dental workspace, new PreForm integrations with intraoral scanners, Fast Arch Printing, Form Auto, Fast Cure, and Temporary CB Resin to make dentistry easier.   "Formlabs Dental's new offerings showcase our team's commitment to providing an unmatched workflow and industry leading print quality to dental practices and labs," said Guillaume Bailliard, president of healthcare, Formlabs. "By speeding up and improving every stage of the 3D printing workflow, from image capture to printing and post-processing, Formlabs is delivering the next step in digital dentistry while reducing costs and time."   The dental industry continues to adopt 3D printing to streamline workflows and make personalized care more affordable. Since 2016, Formlabs has sold 25,000+ printers in the dental community, which have been used to print more than 25 million dental parts ranging from models to surgical guides. Today's new offerings from Formlabs will take digital dentistry to the next level:   PreForm Dental: A Dental-Specific Software Workspace Formlabs' PreForm Dental workspace software streamlines 3D printing setup, management, and monitoring, enabling dental users to click less to do more. Powered by automatic functions based on dental indications such as material selection, print setting, and support, PreForm Dental automates the print setup for restorative models, occlusal guards, and more. Advanced users can create and save their own custom presets for layer height, orientation, and support settings to standardize the print process for all users within a practice or lab. PreForm Dental workspace is included with every Form 3B/+ and Form 3BL printer, including for existing users.   Form Auto: Seamless Part Removal Form Auto enables automated 24/7 printing with automatic part removal so dental users can level up production while reducing labor. When parts are complete, Form Auto seamlessly removes finished parts from Build Platform 2 using the patented Quick Release Technology, and starts the next print. Users can add prints to the queue from anywhere, and Form Auto will complete the back-to-back queue as soon as possible. The hardware extension works with the Form 3B and Form 3B+.   3Shape Produce: A New PreForm Integration Formlabs Dental and 3Shape have partnered to co-develop an integration that makes dentistry easier and more intuitive for their customers. Available today, the new PreForm integration with 3Shape Produce enables dental lab and practice users to design and print more seamlessly with an optimized workflow and one-click print when using Splint Studio, Implant Studio, Model Maker, and other 3Shape apps.   Fast Arch Printing: 2x Faster On-Demand Printing With Fast Arch Printing, users can print eight arches in 20 minutes and a single arch in under 10 minutes. Fast Arch Printing increases productivity so users can go from design to print two times faster than current settings, enabling same-visit dentistry and fast, on-demand dental modelling. Now, users can deliver a retainer in less than 30 minutes, including washing, curing and thermoforming. Fast Arch Printing is available on Form 3B and Form 3B+.   Fast Cure: Reducing Cure Time by 90% Designed to unlock same-visit dentistry, Fast Cure is validated to cure more than 17 resins in under six minutes, saving 90% on cure time compared to the Form Cure. With pre-programmed settings and no preheating necessary, Fast Cure can cure dental models in one minute, crowns, bridges and surgical guides in five minutes, and occlusal guards in six minutes.   Temporary CB Resin: A Tooth-Colored Resin with Bleach Shade Digitally manufactured restorations enable a quick, collaborative process between dentist, technician, and patient. The new extra white Bleach Shade of Temporary CB Resin is designed for a temporary crown and bridge restorations, inlays, onlays, and veneers providing excellent marginal adaptation, strength, and aesthetics. This tooth-coloured resin can be used in traditional temporary cements to fix restorations and lasts up to 12 months. Designed with Formlabs partner Bego after receiving requests from dental customers, the new Temporary CB Resin will help dental users' patients smile even brighter.   To learn more about Formlabs Dental's new offerings, get in touch with us at payal.doshi@formlabs.com

United Way Delhi Launches Multi-Purpose Mobile Health Van in Collaboration with District Health Department Wednesday 15 March 2023 11:55 AM UTC+00 Business Wire India United Way Delhi, in collaboration with District Health Department Nuh, is pleased to announce the launch of a Multi-purpose Mobile Health Van on March 14, 2023, in Nuh (Mewat). The Multi-purpose Health Van was flagged off by the Civil Surgeon of Nuh, Dr. Sarvjeet Thapar along with Mr. Sachin Golwalkar, CEO, United Way Delhi and Mr, Jarnail Singh, representative of MacArthur Foundation and other dignitaries. The aim of the Multi-purpose mobile Health Van is to strengthen the post-covid medical infrastructure by providing doorstep screening, diagnosis and treatment to the target population of 5000+ everyday.   Equipped with 2 air conditioners, 1 smart TV, 1 generator, a wash basin, pharmacy set-up, patient examination table and medicinal storage facility, the van will cover routine health check-ups, health camps, immunisation, women and maternal health, and awareness drives. The screening and detection of general diseases will be tailored to the characteristics of the region using information & media gathered from public health departments. The van will be staffed by one driver and a community health worker from United Way Delhi, and one Doctor and a Para-Medical staff from the Health Department. The Mobile Van will also support the functioning of 40 active health centres and at large will impact a target population of 15 lakhs and more.   Dr. Vishal, Dy NHM, Dr. Naveen, DIO Health Department, Ms. Pallavika Ahlawat, Head, Donor Relations and Ms. Swati Jha, Head, Programs from United Way Delhi were present at the launch.   Civil Surgeon of Nuh, Dr. Sarvjeet Thapar added, "The role of the health sector has increasingly become more significant in the post-covid society. Covid has taught us on how proper health care is necessary to sustain from diseases and poor health, how post-covid implications have affected maternal health, child development, immunity to diseases. This mobile van, managed by United Way Delhi in collaboration with District Health Department Nuh, will aim at the proper screening and tracking of non-communicable and other diseases such as hypertension, kidney problems etc. and facilitate early detection, awareness and prevention. Post-covid times also has seen an uptake of mental health challenges, and we vision to provide necessary support. Trained doctors will be in charge of the process and prompt care will be provided to the masses who don't have easy and regular access to medical care. This van will bridge the gap between the medical system and the community." "We are proud to launch this Multi-purpose Mobile Health Van in Nuh Mewat, one of the Aspirational Districts of Niti Aayog. The Van helps improve access and outreach to necessary health and medical services for most marginalised populations. Strengthening the medical system and adequately preparing health professionals to address community concerns is crucial. To achieve this, we align ourselves with the objectives of the Ayushman Bharat Yojana of the Ministry of Health and Family Welfare (MoHFW) for the holistic benefit of the rural population of Mewat. We are committed to improving access to quality health services and will focus on the 104 HWCs in the region. We want to thank MacArthur Foundation for extending their generous support in this initiative towards building a resilient and sustainable healthcare system in the region post-covid. We would also like to thank the Government of Haryana for continued investments in healthcare and their kind cooperation at the District Level to materialise this initiative. The Mobile Health Van will go a long way in helping the community access quality healthcare services," said Sachin Gowalkar, CEO, United Way Delhi. With support from MacArthur Foundation, and United Way Worldwide, United Way Delhi has been working on strengthening the overall medical infrastructure post-covid.

Poonawalla Fincorp Launches Kya se Wah Campaign for Its Unsecured Business Loan and Professional Loan Wednesday 15 March 2023 12:09 PM UTC+00 Business Wire India Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited), a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company has launched the 'Kya se Wah' campaign. With this campaign, Poonawalla Fincorp aims to help MSMEs and practising professionals like Doctors, Chartered Accountants, Company Secretaries, upgrade their scale in a stress-free manner. The campaign has 2 short films, which highlight the issues of small businesses and professionals and how Poonawalla Fincorp can fulfil their financial needs by helping them transform their business or practice. The 'Kya se Wah' campaign addresses the fact that first impressions matter and how Poonawalla Fincorp is making sure that through its collateral free business loan and professional loan offerings, the customers can upgrade their business, clinic & practice by a simple click. The campaign leverages light-hearted humour to engage with the audience. It also establishes the fact that the entire loan approval process with Poonawalla Fincorp is digital and how it helps MSMEs, and professionals achieve more.  Commenting on the campaign, Mr. Abhay Bhutada, Managing Director, Poonawalla Fincorp, said, "At Poonawalla Fincorp, we always believe in offering best-in-class and customer-centric products and solutions to fulfil the financial needs of our customers. With our digital first approach, we offer swift and smooth disbursals. This campaign aims to create awareness for our brand and product offerings. This will give us an opportunity to kickstart our audience engagement and highlight our value proposition of being the end-to-end digital lending NBFC, offering hassle-free experience to our customers." Poonawalla Fincorp's unsecured Business Loans and Professional Loans can be used to manage its working capital requirements, purchase new equipment, improve office infrastructure, and more. With the 'Kya se Wah' campaign, Poonawalla Fincorp wants to encourage and help MSMEs and professionals to grow, upgrade, and upscale in a seamless manner. Here is the link of first video from the campaign- https://www.youtube.com/watch?v=vxTjy6OVekw

Merck Foundation CEO: Our Vision is to Transform Patient Care Landscape in Africa and Beyond Wednesday 15 March 2023 12:20 PM UTC+00 Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany announced the call for applications for medical training scholarships for healthcare providers from 50 countries in 36 critical and underserved specialities with the aim to transform patient care in Africa and developing countries. The capacity building program is a long term partnership between Merck Foundation and 20 African First Ladies, Ministers of Health and Medical Societies in 50 countries. Senator, Dr. Rasha Kelej, CEO of Merck Foundation stated, "I strongly believe that training healthcare providers is the right strategy to improve access to equitable and quality at health care in Africa. Therefore, I am happy to announce the Call for Applications for 2023 Scholarships for young doctors with special focus on female doctors for our online one-year diploma and two-year master degree in 36 critical and underserved medical specialties. Our vision is transforming the Patient Care landscape in Africa and beyond. I feel very proud to share that we have provided more than 1470 scholarships to doctors from 50 countries in various critical and underserved fields such as Oncology, Diabetes, Preventative Cardiovascular Medicine, Endocrinology, Sexual and Reproductive Medicine, Acute Medicine, Respiratory Medicine, Embryology & Fertility specialty, Gastroenterology, Dermatology, Psychiatry, Emergency and Resuscitation Medicine, Critical Care, Pediatric Emergency Medicine, Neonatal Medicine, Advanced Surgical Practice, Pain Management, General Surgery, Clinical Microbiology and infectious diseases, Internal Medicine, Trauma & Orthopedics, Biotechnology in ART and many more." Merck Foundation has announced Call for Applications for the following online courses:   Sr. No Duration Course Name 1 PG Diploma (1 year) Diabetes 2 PG Diploma (1 Year) Preventative Cardiovascular Medicine 3 PG Diploma (1 Year) Sexual and Reproductive Medicine 4 PG Diploma (1 Year) Endocrinology 5 PG Diploma (1 Year) Respiratory Medicine 6 PG Diploma (1 Year) Acute Medicine 7 PG Diploma (1 Year) Rheumatology 8 PG Diploma (1 Year) Gastroenterology 9 PG Diploma (1 Year) Dermatology in Clinical Practice 10 PG Diploma (1 Year) Clinical Psychiatry 11 PG Diploma (1 Year) Medical Oncology 12 PG Diploma (1 Year) Obesity and Weight Management 13 PG Diploma (1 Year) Infectious Diseases 14 PG Diploma (1 Year) Women's Health 15 PG Diploma (1 Year) Urology 16 PG Diploma (1 Year) Family Medicine 17 PG Diploma (1 Year) Paediatrics and Child Health 18 PG Diploma (1 Year) Pain Management 19 PG Diploma (1 Year) Cardiology 20 PG Diploma (1 Year) Stroke Medicine 21 PG Diploma (1 Year) Neurology 22 PG Diploma (1 Year) Neurosurgery 23 PG Diploma (1 Year) Care of the Older Person 24 PG Diploma (18 months) Cancer and Clinical Oncology 25 PG Diploma (21 months) Emergency and Resuscitation Medicine 26 PG Diploma (21 Months) Laparoscopic Surgical Skills 27 PG Diploma (2 years) Neonatal Medicine 28 PG Diploma (2 years) Pediatric Emergency Medicine 29 PG Diploma (2 years) Primary Care Ophthalmology 30 PG Diploma (2 Years) Internal Medicine 31 PG Diploma (2 Years) Neuroimaging for Research 32 ChM (2 Years) Trauma and Orthopedics 33 ChM (2 Years) General Surgery 34 MSc (15 Months) Biotechnology of Human Assisted Reproduction and Embryology 35 MSc (2 years) Critical Care 36 MSc (2 years) Advanced Surgical Practice   How to Apply: Applications can to be submitted to: https://merck-foundation.com/Merck-Foundation-Capacity-Advancement-Application-Form   Last Date to apply: 31st May 2023   Scholarship Eligibility Criteria All Merck Foundation scholarships are provided to nationals of African Countries, Developing countries, and underserved communities as per the World Human Development Index list of Developing countries. Refer to the link: http://hdr.undp.org/en/content/latest-human-development-index-ranking Merck Foundation Scientific Committee and Scientific Committee of Academic Partners will focus on African countries with a special focus on French-speaking and Portuguese speaking and SIDS (Small Islands Developing State), with the aim to build healthcare capacity and transform patient care in the public sector which is under pressure due to its limited resources. Therefore, requests from Ministries of Health (MOH) or the Office of the First Ladies are preferable. In case of individual requests, a recommendation letter from MOH or the First Lady Office of these countries will be required to indicate your country's gap in the specific specialty and the objective of improving access to equitable and quality patient care in your community is identified and fulfilled. For Asian Countries- Recommendation letter from The Ministry of Health or Vice Chancellor/Dean/Rector of the Medical University or President of respective Society or Medical Association will be preferred. Moreover, Merck Foundation Scientific Committee will take into consideration in the selection process the following factors when it is needed: The Human Development Index, Population and number of eligible applications received from each country and number of scholarships that have been already provided to each country in such specialties. Moreover, Merck Foundation plans to offer English courses to candidates applied from French and Portuguese speaking African countries and also to Latin American countries, to give them an equal opportunity to benefit from the online specialty training which is provided only in English (List of Online courses given above). Proof of English language proficiency (based on respective Universities eligibility criteria) Accessibility to stable Internet connection Ministries of Health and Medical Societies of African and Developing countries can submit requests to: info@merck-foundation.com ​ Merck Foundation may require a Financial statement to prove the monthly income - One-month Salary/ Payslip or Salary Statement or 3 months Bank statement, for official purposes.  ​Click on the icon below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation Twitter: @MerckFoundation YouTube: Merck Foundation Instagram: Merck Foundation Flickr: Merck Foundation www.merck-foundation.com

BMW Group Expects Profitable Growth in 2023 – Through Dynamic BEV Ramp-up and High-End Premium Segment Wednesday 15 March 2023 01:02 PM UTC+00 Business Wire India Zipse: "Proven strengths, future-oriented technologies and NEUE KLASSE as a recipe for success" EBIT margin for 2023 expected within 8-10% range High demand: 15% BEV share in 2023 Dynamic BEV growth in coming years Double-digit growth in high-end segment in 2023 Further decrease in CO₂ emissions planned for 2023 Concrete outlook for NEUE KLASSE – plants, models More details on NEUE KLASSE at IAA Mobility With the prospect of profitable growth in a persistently challenging business environment, combined with a very dynamic increase in sales of electric vehicles, the BMW Group is looking ahead to financial year 2023, with tailwinds from last year's success — based on highly attractive and technologically outstanding products. The company is taking this momentum into the home straight as it prepares for the launch of its next product generation, the NEUE KLASSE, in two years. The proven strengths of the present and the focus on future-oriented technologies will lay the foundation for the success of this future product generation. The main growth drivers in 2023 will be fully-electric (BEV) vehicles and models from the high-end premium segment — such as the new BMW 7 Series, the updated BMW X7 and the Rolls-Royce model family. In this upper segment, the BMW Group expects growth in the mid-double-digit percentage range for the current financial year, with BEV models even likely to grow in the high double-digit percentage range. Overall, the BMW Group expects its deliveries to customers worldwide to increase slightly in the Automotive Segment in 2023. At the same time, the BMW Group is striving for a high level of profitability in its core business and is targeting an EBIT margin of 8-10% in the Automotive Segment for the financial year. It should be noted that since the full consolidation of BMW Brilliance Automotive, the EBIT margin is no longer directly comparable with competitors. "The BMW Group shows a high degree of resilience, especially under challenging conditions. The company anticipates developments in the economic environment at an early stage and takes action accordingly," said Oliver Zipse, Chairman of the Board of Management of BMW AG, in Munich on Wednesday. "A high level of flexibility, combined with our operational performance, proved to be an effective combination for ensuring the success of the BMW Group, even in the face of headwinds and taking ad- vantage of opportunities for profitable growth." "The BMW Group is proving that it can do both — manage the company's biggest transformation, while maintaining its profitability. Our extremely strong product portfolio, in particular our impressive range of electrified vehicles and luxury-class models, makes both possible for us," said Nicolas Peter, member of the Board of Management of BMW AG responsible for Finance. "We generate the expenditure for innovations from current cash flow. As before, our BMW approach remains focused on the profitable and sustainable future of the company." BEV offering strongest growth driver in 2023 – 15 percent BEV share In the past year, the BMW Group more than doubled its BEV sales to over 215,000 units, underlining its role as a pioneer in e-mobility. The company once again delivered significantly more fully-electric vehicles to customers than its direct European competitors and also significantly more than the majority of Asian and US new entry players. In combination with the growing efficiency of its internal combustion engines, the BMW Group is thus contributing to climate protection and was able to noticeably reduce CO₂ fleet emissions, particularly in Europe: According to preliminary figures, EU fleet emissions fell to 105g CO₂/km in 2022. The BMW Group thus significantly outperformed the target value of 127.5 grams of CO₂/km for its fleet. A further reduction is expected in 2023. With regard to sales growth for fully-electric vehicles, the BMW Group notes that not only are the company's existing customers switching to vehicles with fully-electric drive trains, but customers from other brands, in particular, are also opting for the BMW Group's BEV models. In this way, the company intends to continue to gain market share in the future.   "Substance is convincing — and this is where our models speak for themselves. That is why we are striving for further significant growth in fully-electric vehicles this year and expect them to account for 15% of our total sales," said Zipse. In the first two months of the year, the BMW Group was able to more than double its sales of fully-electric vehicles, compared to the same period of the previous year. Growth was disproportionately strong in China, where the company's BEV sales more than tripled in the year to the end of February. With the launch of the new BMW 5 Series and the fully-electric BMW i5 this year, the BMW Group will have a BEV offering in virtually every major segment of its business. The range will be rounded out at the end of the year by the fully-electric BMW iX2 and an absolute first next year, when the very first fully-electric touring model will make its debut in the BMW 5 Series. MINI and Rolls-Royce will be electric-only brands in less than ten years   The MINI brand is on its way to a fully electric future from the beginning of the 2030s. A first glimpse of the new MINI family was provided in the summer by the MINI Concept Aceman — a new vehicle concept for the premium compact car segment: all-electric, chrome- and leather-free, and with a completely new design. The first electric vehicles in the new MINI family are due to be launched on the market this year.   Production of the new MINI Countryman will also begin in 2023 at BMW Group Plant Leipzig. The crossover model will be offered both with a pure electric drive train and with internal combustion engines. The world's only convertible with a pure electric drive train also comes from MINI: A limited edition of the MINI Cooper SE Convertible* will be available in Europe from April and guarantees an exclusive open-air go-kart feeling. In 2030, the Rolls-Royce brand will also have an exclusively all-electric offering – starting with the first all-electric Rolls-Royce Spectre, which celebrated its world premiere in 2022, with the first vehicles delivered to customers this year. BEV share will grow dynamically in coming years   With its range of around a dozen fully electric models already on offer, the BMW Group anticipates a steep growth trajectory in the coming years: In 2024, at least one in five of the company's new cars will have a fully-electric drive train; by 2025; every fourth new vehicle delivered should be a BEV and, by 2026, around one in three.   From the BMW Group's perspective, the NEUE KLASSE, which will then be ramping up, has the potential to further accelerate the market penetration of e-mobility with its convincing product substance. Depending on the market conditions prevailing in the second half of the decade, the development of raw material prices and availability, and the pace at which a comprehensive charging infrastructure is being built, the BMW Group expects to reach more than 50% BEV share well ahead of 2030.   The BMW Group aims to exceed the total of 10 million fully-electric vehicles delivered to customers by 2030. An important milestone on this journey is expected in 2025, when the milestone of two million fully electric vehicles is likely to be passed.   "Proven strengths, future-oriented technologies and the NEUE KLASSE — that is our recipe for success in the coming years," said Zipse. "With this combination, we are in the right position to be able to respond precisely to different developments in the various regions of the world." Kickstart for NEUE KLASSE: at least six model launches within 24 months   Based on a vehicle architecture uncompromisingly designed for electric drive trains (BEV-only) and featuring a new design language, the NEUE KLASSE will be characterised by three central aspects: a completely newly developed wiring harness with a fundamentally new UX/UI concept, a newly developed, high-performance generation of electric drive trains and batteries with significant efficiency improvements and a new level of sustainability throughout the lifecycle. The underlying technology will form the basis for the entire BMW model range to follow.   The NEUE KLASSE is intended to once again set standards for digitalisation and electrification, while evolving the characteristics of a typical BMW into the future — and thus further accelerating the rapidly growing demand for fully-electric BMW Group vehicles. At IAA Mobility 2023 in Munich, the BMW Group will present further steps and new details on the road to the NEUE KLASSE.   The BMW Group is already able to provide a more concrete framework for the start of standard production in the second half of 2025: Production will get underway at the new plant in Debrecen (Hungary), which will exclusively produce NEUE KLASSE vehicles.   From 2026 on, NEUE KLASSE models will also be manufactured at the more than 100-year-old main plant in Munich, which is currently being comprehensively modernised for this start of standard production. Standard production of the NEUE KLASSE will begin in 2027 at Plant San Luis Potosi, where the BMW Group is investing € 800 million to integrate fully-electric models and build a local high-voltage battery assembly. Further NEUE KLASSE production sites will be announced shortly. The NEUE KLASSE will start out in the high-volume core of the BMW brand with a Sports Activity Vehicle and a sedan in today's 3 Series segment. In total, production of at least six NEUE KLASSE models will begin across the BMW Group's worldwide production network in the first 24 months. Head-Up Display of the future: BMW Panoramic Vision in the NEUE KLASSE   At the CES in Las Vegas in January, the BMW Group presented BMW i Vision Dee, a vision of the future of the digital experience inside and outside the car. However, the advanced Head-Up Display across the entire width of the windshield of BMW i Vision Dee, along with several other features, is not a distant vision, but a look ahead to the NEUE KLASSE. From 2025, this innovation will be available for the very first time as "BMW Panoramic Vision" in the NEUE KLASSE models.   "With BMW i Vision Dee, we are showing what is possible when hardware and software merge. For the NEUE KLASSE, we are exploiting the full potential of digitalisation to make the vehicle an intelligent companion," said Zipse. Hydrogen fuel cell as additional pillar of drive technology   The BMW Group continues to assume that not all markets worldwide will have the necessary framework conditions for all customers to switch to pure electromobility in the next decade. A range of highly efficient conventional drive technology will therefore be needed to meet people's individual mobility needs and, at the same time, contribute to reducing CO₂ in the transport sector.   A growing percentage of the drive train mix is also likely to be provided by hydrogen fuel cells from the second half of this decade. The BMW Group is consistently pushing ahead with development of this technology as an additional option for sustainable in- dividual mobility and sees the opportunity — depending on market requirements and conditions — for potential production vehicles in the second half of the decade. In the first quarter of 2023, a pilot series of the BMW iX5 Hydrogen* was presented for the first time to international media representatives. The fleet is now being used interna- tionally for demonstration and testing purposes for various target groups.   With its high-performance fuel cell and optimised power battery, the BMW iX5 Hydrogen* has a drive system that is unique worldwide. The hydrogen required to supply the fuel cell is stored in two 700-bar tanks made of carbon fibre reinforced plastic (CFRP). Together, they contain six kilograms of hydrogen, which gives the BMW iX5 Hydrogen* a range of 504 km in the WLTP cycle. It only takes three to four minutes to fill up the hydrogen tanks, meaning that the BMW iX5 Hydrogen* offers typical BMW driving pleasure even over long distances with just a few short stops. Sustainability anchored at the core of the strategy   In 2021, the BMW Group became the first German car manufacturer to join the Business Ambition for 1.5°C of the Science-Based Targets Initiative and has thus committed to the goal of complete climate neutrality across the entire value chain by 2050 at the latest. By 2030, the BMW Group is already planning to reduce CO₂ emissions by at least 40% per vehicle over the entire lifecycle — supply chain, production and use phase — compared to 2019.   The BMW Group is therefore continuing to systematically reduce CO₂ emissions in its supply chain. A particular focus is on CO₂-intensive materials such as aluminium and steel. For example, the BMW Group intends to source significantly CO₂-reduced aluminium from Rio Tinto in Canada from 2024 and signed a corresponding declaration of intent to this effect in February. Compared to conventionally produced aluminium, the process avoids around 70% of CO₂ emissions. The planned delivery volume is to be used exclusively in vehicle production at BMW Group Plant Spartanburg.   The BMW Group is also significantly reducing its carbon footprint in steel purchasing: Following initial contracts with European suppliers, the BMW Group signed further agreements to supply CO₂-reduced steel in the US and China in 2022. From 2026, the company will supply more than a third of its worldwide production network with CO₂-reduced steel. In this way, the BMW Group is reducing the carbon footprint of its supply chain by around 900,000 tonnes annually and, at the same time, promoting the transformation of the steel industry.   Taking into account all aspects of holistic sustainability, the BMW Group intends to gradually increase the percentage of recycled and reused materials in its NEUE KLASSE vehicles from the current average of just under 30% using the "Secondary First" approach. The BMW i Vision Circular has already provided a glimpse of what individual, sustainable and luxurious mobility in an urban environment could look like in 2040: created from 100% secondary material and renewable raw materials and 100% recyclable. BMW Group concludes 2022 with all-time highs for financial key figures   The BMW Group met its targets for 2022 and thus delivered a strong operating performance in a difficult business environment. This positive development can be attributed to improved pricing and positive product-mix effects, as well as the full consolidation of the Chinese joint venture, BMW Brilliance Automotive Ltd. (BBA). The BMW Group once again outperformed its main financial key figures for the previous year, reporting significant growth in revenues, Group earnings and net profit.   As expected, deliveries were slightly lower than the previous year, at 2,399,632 units (prev. yr.: 2,521,514 vehicles/ -4.8%). Consistently high customer demand was reflected in the company's strong order book. However, this could not be entirely fulfilled, due to difficulties with the supply of semiconductor components, supply chain disruptions and COVID lockdowns in China. Electrified vehicles – BEVs and PHEVs – accounted for a total of 18.1% (433,792 units/ +32.1% YOY) of deliveries.   Group revenues climbed to € 142,610 million (prev. yr.: € 111,239 million/+28.2%), with integration of BBA revenues making a significant contribution to growth. The BMW Group also benefited from improved pricing – for both new vehicle sales and the resale of end-of-lease vehicles – as well as positive product-mix effects. The increase in costs for materials, commodities and logistics, higher refinancing costs due to higher interest levels, as well as effects from the consolidation of BBA and a larger percentage of electrified vehicles, all contributed to higher costs. R&D spending for new models and GEN 6 electric drive trains   The continuing transformation of the BMW Group is reflected in the moderate increase in research and development spending: R&D costs in accordance with IFRS totalled € 6,624 million (prev. yr.: € 6,299 million/ +5.2%), mainly driven by new models, the NEUE KLASSE and the associated development of the sixth generation of electric drive trains. Additional investments were also made in digitalisation of the vehicle fleet and automated driving. However, with revenues up year-on-year, the R&D ratio (according to the German Commercial Code) was lower, at 5.0% (prev. yr.: 6.2%).   Capital expenditure for property, plant and equipment and other intangible assets amounted to € 7,791 million in 2022 (prev. yr.: € 5,012 million/ +55.4%). This increase reflects the initial consolidation of BBA investments and capital expenditure for new models like the BMW 7 Series and the BMW X1. Additional funds were channelled into the accelerated BEV ramp-up. The capex ratio stood at 5.5%. The BMW Group reported earnings before financial result of € 13,999 million for the full year (prev. yr.: € 13,400 million/ +4.5%). Group earnings before tax saw a strong increase and, primarily as a result of valuation effects in connection with the full consolidation of BBA, reached a new all-time high of € 23,509 million (prev. yr.: € 16,060 million/ +46.4%). The Group EBT margin came in at 16.5% (prev. yr.: 14.4%; +2.1 percentage points). Group net profit totalled € 18,582 million (prev. yr.: € 12,463 million/ +49.1%). Dividend of € 8.50 per share of common stock proposed   The Board of Management and Supervisory Board will propose a dividend of € 8.50 per share of common stock (prev. yr. € 5.80) and € 8.52 per share of preferred stock (prev. yr. € 5.82) to the Annual General Meeting on 11 May. This represents a payout ratio of 30.6% (prev. yr.: 30.9%). In accordance with the authorisation issued at the Annual General Meeting in May 2022, the Board of Management elected to buy back shares with a value of up to 10% of BMW AG's share capital. As of December 2022, around 15.3 million common shares for €1,172 million and around 1.4 million pre- ferred shares for €106 million had been repurchased and reported as own shares. These were recognised as treasury shares. BMW AG thus holds around 16.8 million treasury shares as of 31 December 2022 or 2.53% of the share capital.   Full consolidation has major impact in Automotive Segment   The Automotive Segment benefited once again in 2022 from increased sales of high-revenue models, better pricing and continuing positive development in used car markets. Revenues were also lifted by currency tailwinds. Due to the full consolidation of BBA, segment revenues were significantly higher, at € 123,602 million (prev. yr.: € 95,476 million/ +29.5%). The cost of sales also rose: on the one hand, resulting from higher effects from the full consolidation of BMW Brilliance Automotive. On the other, the cost of sales was also negatively impacted by significantly higher material and logistics costs, especially due to the limited availability of semiconductors and supply chain disruptions, as well as increases in raw material and energy prices.   Earnings before financial result (EBIT) for the reporting year amounted to € 10,635 million (prev. yr. € 9,870 million/ +7.8%). At 8.6% (prev. yr.: 10.3%; -1.7 percentage points), the EBIT margin for the segment was at the high end of the guidance range of 7-9%. Without the aforementioned effects from the full consolidation of BBA, the EBIT margin would have come in at 11.2%. The segment's financial result of € 8,283 million was significantly higher year-on-year (prev. yr.: € 1,935 million/ +328.1%). This strong increase during the reporting year largely stems from the effects of the revaluation of previously held equity interests in BMW Brilliance Automotive Ltd. of just under € 7.7 billion in the other financial result.   Segment earnings before tax (EBT) for financial year 2022 totalled € 18,918 million and were therefore significantly higher than the figure for the previous year (prev. yr.: € 11,805 million/ +60.3%). Free cash flow in the Automotive Segment reached a very solid € 11,071 million (prev. yr.: € 6,354 million/ +74.2%) at year end. More competition and changes in risk situation for Financial Services   Intense competition, higher interest rates and inflation, as well as limited availability of vehicles, impacted new business in the financial services sector in 2022. The percentage of BMW Group new vehicles leased or financed by the Financial Services Segment stood at 41.0% for 2022 (prev. yr.: 50.5%/ -9.5 percentage points). Better transaction prices and an improved product mix resulted in a higher average financing volume per vehicle during the reporting period. The total volume of new business from financing and leasing contracts with retail customers was down (-)12.6% to € 55,449 million (prev. yr.: € 63,414 million).   Pre-tax earnings (EBT) in the Financial Services Segment totalled € 3,205 million at the end of the reporting year (prev. yr.: € 3,753 million/ -14.6%) ‒ with the previous year being characterised by an exceptionally positive risk situation. Higher provisions for credit risks were recognised during the reporting year in response to geopolitical uncertainties and a weaker macroeconomic outlook. The Financial Services Segment achieved a return on equity (RoE) of 17.9% (prev. yr.: 22.6%/ -4.7 percentage points). Electrification offensive and continued growth for BMW Motorrad   In 2022, BMW Motorrad pressed ahead with electrification of the brand in the field of urban mobility, with the series introduction of the BMW CE 04 electric scooter. Deliveries in the Motorcycles Segment reached a new all time-high of 202,895 units in 2022 (prev. yr.: 194,261 units/ +4.4%). Business performance benefited from this sales growth, combined with positive pricing effects. Higher material and logistics costs impacted the Motorcycles Segment during the reporting year. The segment posted revenues of € 3,176 million (prev. yr.: € 2,748 million/ +15.6%), with an EBIT of € 257 million (prev. yr.: € 227 million/ +13.2%). The EBIT margin came in at 8.1% (prev. yr.: 8.3%/ -0.2 percentage points). Outlook 2023: Profitable growth forecast   Despite the current high level of inflation and interest rates as well as the global challenges described in the Integrated Group Report, the BMW Group is confident that de- mand will remain stable. Deliveries to customers are forecast to increase slightly compared with the previous year, with selling prices remaining at a stable level. The Group expects the situation in the used car markets to normalize in 2023 due to the increased availability of new cars.   Taking into account all of the aforementioned developments, an EBIT margin of be- tween 8 and 10% is forecast for the Automotive segment in 2023. This includes charges from consolidation effects currently amounting to around 1.4 billion euros. The BMW Group expects to achieve its target of slightly reducing the carbon emissions generated by its EU new vehicle fleet by continuously improving the overall fuel consumption of its products and an increasing number of vehicles with alternative drivetrain systems.   Motorcycles segment deliveries are predicted to increase slightly. The segment EBIT margin is expected to finish within a range between 8 and 10%. The RoE in the Financial Services segment is predicted to finish within a range between 14 and 17%. Compared with the financial year 2022, the favourable results from remarketing lease returns are expected to weaken in 2023.   Group profit before tax will decrease significantly. One of the main underlying reasons for this development is the one-time gain of € 7.7 billion recorded in 2022 in conjunction with the remeasurement of the BMW Group's previous equity interests in BMW Brilliance.   The aforementioned targets are to be met with a slight growth in the size of the workforce. Likewise, the share of women in management positions in the BMW Group is expected to increase slightly.   The outlook does not factor in the following: a deep recession in the BMW Group's key sales markets, a further escalation of the conflict between Russia and Ukraine, combined with an expansion of the war as well as an exacerbation of the pandemic situation in China and the resulting impact on the economic environment. In view of the growing unpredictability of political developments, actual macroeconomic developments in some regions may deviate from expected trends and outcomes. Potential sources of political uncertainty include policies affecting trade and customs tariffs, security developments and a possible worsening of international trade conflicts.   The BMW Group – an overview. 2022 2021 Change in % Deliveries to customers   Automotive1                                  units 2,399,632 2,521,514 -4.8 thereof: BMW                                  units 2,100,689 2,213,790 -5.1                MINI                                   units 292,922 302,138 -3.1                Rolls-Royce                       units 6,021 5,586 7.8 Motorcycles                                   units 202,895 194,261 4.4   Employees  (compared to 31 Dec. 2021) 149,475 118,909 25.7   Automotive Segment EBIT margin   percent 8.6 10.3 -1.7%age points Motorcycles Segment EBIT margin  percent 8.1 8.3 -0.2%age points EBT margin BMW Group2             percent 16.5 14.4 2.1%age points   Revenues                                  € million 142,610 111,239 28.2 thereof: Automotive                  € million 123,602 95,476 29.5               Motorcycles                  € million 3,176 2,748 15.6               Financial Services        € million 35,122 32,867 6.9               Other Entities                € million 8 5 60.0                Eliminations                  € million -19,298 -19,857 -2.8   Profit before financial result             (EBIT)                                         € million 13,999 13,400 4.5 thereof: Automotive                  € million 10,635 9,870 7.8               Motorcycles                  € million 257 227 13.2              Financial Services         € million 3,163 3,701 -14.5              Other Entities                 € million -203 -8 -               Eliminations                   € million 147 -390 -   Profit before tax (EBT)            € million 23,509 16,060 46.4 thereof: Automotive                 € million 18,918 11,805 60.3               Motorcycles                 € million 269 228 18.0              Financial Services        € million 3,205 3,753 -14.6              Other Entities               € million 995 531 87.4              Eliminations                  € million 122 -257 -   Income taxes                         € million -4,927 -3,597 37.0 Net profit                                € million 18,582 12,463 49.1 Earnings per share(common/preferred share)                                               € 27,31/27,33 18.77/18.79 45.5/45.4 1 including joint venture BMW Brilliance Automotive Ltd., Shenyang (1 January to 10 February 2022: 96,133 vehicles, 2021: 651,236 vehicles, 2020: 602,247 vehicles, 2019: 538,612 vehicles, 2018: 455,581 vehicles, 2017: 385,705 vehicles). 2 Ratio of Group earnings before taxes to Group revenues.     The BMW Group – an overview Q4 2022 Q4 2021 Change in % Deliveries to customers   Automotive1                          units 651,794 589,290 10.6 thereof: BMW                          units 566,823 510,722 11.0                MINI                           units 83,651 77,300 8.2               Rolls-Royce                units 1,320 1,268 4.1 Motorcycles                            units 43,562 37,652 15.7   Employees    (compared to 31 Dec. 2021) 149,475 118,909 25.7   Automotive Segment EBIT margin     percent 8.5 7.7 0.8%age points Motorcycles Segment EBIT margin    percent -9.4 -19.8 10.4%age points EBT margin BMW Group2                percent 8.2 10.2 -2.0%age points   Revenues                                 € million 39,522 28,408 39.1 thereof: Automotive                   € million 34,571 25,103 37.7               Motorcycles                 € million 691 486 42.2               Financial Services       € million 9,086 8,688 4.6               Other Entities              € million 2 2 0                Eliminations                € million -4,828 -5,871 17.8   Profit before financial result (EBIT)€ million 3,500 2,487 40.7 thereof: Automotive                    € million 2,932 1,925 52.3              Motorcycles                    € million -65 -96 32.3             Financial Services          € million 536 832 -35.6             Other Entities                  € million -16 -5 -              Eliminations                    € million 113 -169 -   Profit before tax (EBT)          € million 3,253 2,907 11.9 thereof: Automotive                 € million 3,009 2,149 40.0              Motorcycles                 € million -57 -96 40.6              Financial Services      € million 533 829 -35.7              Other Entities              € million -263 153 -               Eliminations                € million 31 -128 -   Income taxes                                € million -1,078 -651 65.6 Net profit                                       € million 2,175 2,256 -3.6 Earnings per share (common/preferred share)                                                     € 3.43/3.44 3.39/3.40 1.2/1.2 1 including the joint venture BMW Brilliance Automotive Ltd., Shenyang. 2 Ratio of Group earnings before taxes to Group revenues. *: Consumption/emissions data: MINI Cooper SE Convertible: Power consumption in kWh/100 km combined: 17.2 WLTP. BMW iX5 Hydrogen: H2 Consumption in kg/100 km: 1,19 WLTP.   GLOSSARY – explanatory comments on key performance indicators Deliveries to customers A new or used vehicle is recorded as a delivery once it is handed over to the end user (which also includes leaseholders under lease contracts with BMW Financial Services). In the US and Canada, end users also include (1) dealers when they designate a vehicle as a service loaner or demonstrator vehicle and (2) dealers and other third parties when they purchase a company vehicle at auction and dealers when they purchase company vehicles directly from the BMW Group. Deliveries may be made by BMW AG, one of its international subsidiaries, a BMW Group retail outlet, or independent third-party dealers. The vast ma- jority of deliveries – and hence the reporting of deliveries to the BMW Group – is made by independent third-party dealers. Retail vehicle deliveries during a given reporting period do not correlate directly to the revenues that the BMW Group recognises in respect of that particular reporting period.   EBIT Profit before financial result. Profit before financial result comprises revenues less cost of sales, less selling and administrative expenses and plus/minus net other operating income and expenses.   EBIT margin Profit/loss before financial result as a percentage of revenues.   EBT EBIT plus financial result.   Payout ratio The payout ratio is preliminary. Although the Management Board and Supervisory Board are proposing a fixed dividend per share to the general meeting, the number of dividend- entitled shares is expected to fall even further as a result of the ongoing share buy-back program between now and the Annual General Meeting. Accordingly, the total amount paid out to shareholders until May 11 presumably will also change.

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