BMW Group reported that its global car sales in the third quarter of this year fell by 12% year-on-year, but its sales from the beginning of this year to present have increased by almost 18% year-on-year. The specific sales data for BMW Q3 and year-to-date are as follows:
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BMW: 524,870 (a decrease of 10.3% year-on-year), 1,703,080 (an increase of 19.3% year-on-year);
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MINI: 66,990 (a decrease of 25.0% year-on-year), 224,838 (an increase of 7.9% year-on-year);
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BMW Group: 593,189 (a decrease of 12.2% year-on-year), 1,932,236 (an increase of 17.9% year-on-year).
Among them, Q3 sales include data from 78,333 electric vehicles (an increase of 41.1% year-on-year), accounting for 13.2% of total sales, which is the highest proportion of electric vehicles ever for BMW.
(Source: insideevs)
Now let’s turn back to the year-to-date data. BMW Group sold a total of 231,576 electric vehicles, with a growth rate of up to 98%, which accounts for nearly 12% of total sales.
(Source: insideevs)
In the first 9 months of this year, BMW Group’s sales of electric vehicles have more than doubled, and BMW’s pure electric vehicles are growing at a very fast rate.
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The sales volume of pure electric products from the beginning of this year to now is 59,688 units (an increase of 121.4% year-on-year), accounting for 25.8% of all electric vehicle sales.
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The sales volume of plug-in hybrid products from the beginning of this year to now is 114,398 (an increase of 28% year-on-year), accounting for 74.2% of all electric vehicle sales.
According to BMW Group, the growth in sales of pure electric vehicles is mainly due to the sales of BMW iX3, which has sold a total of 20,887 units so far this year. In China, the sales of BMW iX3 have steadily climbed to a monthly sales volume of 2,000 units since the beginning of this year. The upcoming launch of BMW iX and i4 in the global market will further accelerate the electrification transformation.It is reported that in addition to the upcoming iX and i4, BMW will also introduce pure electric versions of the 5 Series, 7 Series, X1, and the MINI Countryman sharing the same platform, as well as a Rolls-Royce Spectre to expand its product lineup for deep electrification reform. The BMW Group plans to offer about 12 pure electric models globally by 2023. In China, BMW plans for pure electric vehicles to account for at least one-quarter of its sales by 2025. However, at present, as the sales of new forces continue to rise, the market share of traditional car companies is gradually being eroded. It is crucial for BMW to achieve this expectation with its upcoming product layout and core product strength.
🔗Source: insideevs
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.