The BMW Group doubled its all-electric vehicle sales in the first half of 2022 compared to same period last year. The company sold a total of 75,891 fully-electric BMW and MINI vehicles worldwide January – June, a growth of 110.3%.
The BMW Group also increased lead in the premium automotive segment in the first half-year, according to company figures, delivering more than 1.1 million BMW, MINI and Rolls-Royce vehicles to customers. In particular, the BMW 4 Series models recorded sales up by more than half, year-on-year, at 58,805 units (+52.1%).
Compared with the first half of 2021, the strongest in the company’s history, sales decreased by 13.3%. Across all industries, growth this year continues to be impacted by the geopolitical situation in Eastern Europe, the intermittent Covid lockdowns in China and persistent semiconductor availability, BMW pointed out.
The company plans to more than double last year’s sales of fully-electric vehicles, a goal bolstered by more than 34,000 unit orders for the fully-electric BMW i4 across Europe.
The range of BMW electric models continues to grow. This year, the BMW i3 (in China), the BMW iX1 and the BMW i7 augment existing models. Series production of the all-electric luxury sedan BMW i7 has begun the BMW plant in Dingolfing. The BMW i5, the all-electric MINI Countryman and the all-battery-electric Rolls-Royce Spectre will follow in 2023.
The company expects to have more than 2 million fully-electric vehicles on the roads already by the end of 2025. The MINI brand will have an all-electric product range by the early 2030s, while Rolls-Royce will become an all-electric brand from 2030. All future new models from BMW Motorrad in the field of urban mobility will also be fully electric, like the BMW CE 04.
With the introduction of the purely electric Neue Klasse by mid-decade, the company believes 50% of the BMW Group’s global sales could already come from fully-electric vehicles before 2030.