BMW Group reports significant growth in global sales of fully-electric vehicles in Q1 2023.
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BMW Group reports significant growth in global sales of fully-electric vehicles in Q1 2023.

The Group delivered a total of 64,647 fully-electric BMW and MINI vehicles to customers worldwide in the first three months of the year.

The BMW Group has announced impressive growth in its global sales of fully-electric vehicles for the first quarter of 2023, with a whopping 83.2% increase in sales compared to the same period last year. The company delivered a total of 64,647 fully-electric BMW and MINI vehicles to customers worldwide in the first three months of the year.

The BMW brand saw a more than doubling of its sales of fully-electric vehicles in Q1, with 55,979 units delivered to customers, an increase of 112.3% from last year. With the introduction of the new BMW i5 later this year, the BMW Group will offer at least one fully-electric model in every major segment of its business, and expects to see a steep growth trajectory in the coming years.

By 2024, the company aims to have at least one in five of its new vehicles equipped with a fully-electric drivetrain. By 2025, one in four newly delivered BMW Group vehicles should be a BEV, and by 2026, that number should increase to about one in three.

The Group believes that the launch of the NEUE KLASSE will further accelerate the market penetration of e-mobility, due to its compelling product substance. Meanwhile, the demand for the fully-electric MINI Cooper SE remains high, with 8,668 units sold in Q1, despite a slight decrease in overall MINI sales.

Preparations are also underway for the initial customer deliveries of the Rolls-Royce Spectre, the world’s first ultra-luxury electric super coupé, which is set to hit the market in Q4 2023. By the end of 2030, Rolls-Royce will offer only fully-electric vehicles, as the company prepares for a future where e-mobility is the norm.

Our strong product lineup continues to inspire our customers worldwide. Our fully-electric vehicles, in particular, are benefiting from high demand around the globe. We were therefore able to maintain the dynamic pace of our electromobility ramp-up in the first quarter,” said Pieter Nota, member of the Board of Management of BMW AG, responsible for Customer, Brands, Sales. “The BMW Group is on track for slight sales growth in the full year 2023. The main growth drivers in 2023 will be fully-electric vehicles and models from the high-end premium segment – like the new BMW i7, the new 7 Series, the XM and the updated X7,” Nota continued.

Also Read: MINI unveils its latest range of electric vehicles at Auto Shanghai 2023.

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