Photo: Jan Woitas/picture alliance via Getty Imagesd

The BMW Group said Monday that it will make sustainability "central to the company’s strategic direction" as it rolled out new climate goals and revealed fresh details about its electric lineup.

Driving the news: The German automaker said it's setting emissions targets for 2030 that apply to vehicles' "entire lifecycle," including supply chains, production and use.

  • "The aim is to significantly reduce CO2 emissions per vehicle by at least one third across the entire spectrum," the company said.
  • BMW also announced that it will offer electric versions of its high-volume X1 SUV and 5-series sedan (though, as Bloomberg notes, it didn't provide a timeline for those models).

The big picture: These join several other electric vehicles previously announced by BMW, which aims to have five available by the end of 2021.

  • Overall, the company plans to be selling 25 models with some level of electrification by 2023, with half of them fully battery-powered, and hopes to have 7 million electrified cars on the road in 10 years.

The intrigue: Reuters points out that EU emissions regulations are pushing the continent's automakers toward electric vehicles.

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Ben Geman, author of Generate
Oct 23, 2020 - Energy & Environment

GM says preorders for its electric Hummer filled up in 10 minutes

Photo: GM

Reservations for the first edition of GM's new electric Hummer revealed Tuesday night filled up in 10 minutes, according to spokesperson Mikhael Farah.

Driving the news: The page where you can plunk down $100 to reserve the $112,595 first edition, which arrives in late 2021, offers a waitlist. You can still reserve the less souped-up and less pricey versions going into production in 2022–2024.

Unrest in Philadelphia after fatal police shooting of Black man

Demonstrators rally on Tuesday near the location where Walter Wallace was killed by two police officers in Philadelphia, Pennsylvania. Photo: Mark Makela/Getty Images

The Pennsylvania National Guard was mobilized Tuesday during a tense second night of protests in Philadelphia over the fatal police shooting of Walter Wallace, a 27-year-old Black man.

Driving the news: Philadelphia Jim Kenney (D) and Police Commissioner Danielle Outlaw said in a joint statement Monday that police were launching a "full investigation" to answer questions that arose from video that captured part of the incident with police.

Updated 51 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage" Axios-Ipsos poll: Federal response has only gotten worse.
  2. Health: Hospitals face a crush — 13 states set single-day case records last week.
  3. Business: Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. States: Nearly two dozen Minnesota cases traced to three Trump campaign events.
  6. World: Putin mandates face masks.