German automaker BMW is gradually moving towards phasing out the production of fossil fuel-dependent cars, such as those running on gasoline and natural gas, over the next three to four years. The company has confirmed that it will cease manufacturing vehicles with internal combustion engines at its main plant in Munich.

The production of current internal combustion engine cars in the Munich plant will shift to BMW factories in Austria and the United Kingdom in the future. The Head of Production at BMW, speaking at a recent conference during the launch of the electric model "i4," stated that the company will stop producing internal combustion engine cars at its main Munich plant within three to four years.

Dr. Milan Nedeljković, the Head of Production, as reported by CNBC, mentioned that the current internal combustion engine cars in Munich will be produced in the company's factories in Austria and the United Kingdom, with at least half of the cars produced in Munich being electric by next year.

BMW has set a goal to make at least 50% of global new car sales electric by 2030. CEO Oliver Zipse confirmed in a recent conference that the company will be ready to offer a complete lineup of electric cars if internal combustion engines are banned by that time.

The company highlighted that its electric vehicle "i4" is manufactured on a shared production line with internal combustion engine cars and hybrid models, such as the BMW 3 Series Sedan and the Toyota Avalon Touring. This transformation represents a €200 million ( $233 million) investment in production infrastructure.

A similar mixed production line is currently being constructed at the Dingolfing plant in Germany, which serves as the company's headquarters for producing the BMW iX alongside hybrid and internal combustion engine models. The company had previously announced expectations of producing between 70,000 to 90,000 fewer cars than planned for this year due to a shortage of electronic chips. Additionally, BMW aims to reduce emissions from transport vehicles manufactured within its largest plant in Munich to zero in the coming years, without specifying a definite date.