News Summary

• Logistics service provider Katoen Natie is buying a thousand electric BMW and MINI models, including the new iX3 and i3.
• The contract stipulates that the iX1 and Countryman will make up the bulk of the order.
• BMW could attract more fleet buyers soon as it expands the Neue Klasse family with new entry-level models.
• Although the i1 and i2 have not been officially announced, we believe both are on the way.
• The former will become an electric 1 Series, effectively filling the void left by the i3 hatchback’s demise in 2022.