BMW Sees Strong Growth in BEV Sales in Q3

BMW reported impressive growth in its battery electric vehicle (BEV) sales for the third quarter of this year. The company delivered 83,211 BEVs between July and September, which is double the number of BEVs sold in the same period last year, representing a 100.3% increase. Mini, a brand under the BMW Group, also witnessed growth in BEV sales, with 10,720 deliveries in the third quarter, only a slight decline of 0.4% compared to last year.

Despite the decline in Mini’s BEV deliveries, the brand is undergoing an electric transformation. The new generation of the Mini Cooper was unveiled in September, along with plans to equip the future successor of the Countryman with an electric drive. However, the sales of the previous model of the Countryman are still ongoing, which explains the relatively steady sales figures.

Overall, the BMW Group, including BMW, Mini, and Rolls-Royce, sold a total of 621,699 vehicles in Q3. Within this, 93,931 were fully electric cars, accounting for 15.1% of the group’s sales. The BMW brand alone witnessed an EV share of 15.1%, with 217,138 fully electric vehicles delivered to customers from January to September. The BMW 4 Series, i4, and iX1 were particularly popular among customers.

Rolls-Royce, a brand under the BMW Group, has yet to report any electric deliveries, but they are preparing for the launch of the Rolls-Royce Spectre, an upcoming electric coupé, in the coming weeks.

Looking ahead, Mini’s electric share is expected to increase significantly with the introduction of the new generation of the Mini Cooper, which is solely powered by electricity. In Q3, Mini had an electric share of 15.2% across all drive types.

In terms of electrified vehicles, which include both BEVs and plug-in hybrids (PHEVs), the BMW Group reported sales of 139,943 units in Q3. After deducting the BEV sales, this leaves 46,012 plug-in hybrids. The ratio of BEVs to PHEVs is now 2:1.

The strong sales performance in Q3 indicates the growing demand for BMW’s wide range of attractive products across all drive technologies. The company is optimistic about achieving its growth targets for 2023 and continues to prioritize the expansion of its electric vehicle lineup.

– BMW Group






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