BMW Group Extra Than Doubled All-Electrical Automotive Gross sales In Q2 2023

The BMW Group studies 626,726 world car gross sales throughout the second quarter of 2023, which is over 11 p.c greater than a 12 months in the past.

The general gross sales in Q2 2023 and year-to-date:

  • BMW: 553,369 (up 11%) and 1,071,326 (up 5%)
  • Mini: 71,816 (up 10%) and 140,357 (down 0.2%)
  • BMW Group Automotive: 626,726 (up 11%) and 1,214,864 (up 5%)

A very powerful factor is that the corporate greater than doubled its battery electrical car (BEV) gross sales to 88,289 models (up 117 p.c year-over-year), which is a brand new quarterly document. The share of all-electric automobiles out of the entire quantity is also the very best in BMW’s historical past, at 14.1 p.c.

The corporate seems to be very proud of the outcomes noting “have the precise merchandise available on the market on the proper time.”

Pieter Nota, member of the Board of Administration of BMW AG liable for Prospects, Manufacturers and Gross sales mentioned:

“Sturdy gross sales improvement on the whole and particularly for our fully-electric automobiles, reveals that we’ve got the precise merchandise available on the market on the proper time. The BMW Group will proceed its profitable ramp-up of electromobility at a excessive tempo within the second half of the 12 months. We’re profitable over clients worldwide with our younger and enticing product line-up. As a result of our various providing – starting from extremely environment friendly combustion engines to totally electrical fashions – we’re addressing the wide range of buyer wants across the globe in a great approach,”

Nevertheless, within the case of plug-in hybrid automobiles (PHEV), gross sales proceed to weaken and are already about two instances decrease than BEV gross sales.

The full gross sales of rechargeable automobiles exceeded one-fifth of the entire quantity.

  • BEVs: 88,289 (up 117%) and 14.1% share
  • PHEVs: 46,693 (down 14%) and seven.5% share
  • Complete plug-ins: 134,982 (up 42%) and 21.5% share

BEV gross sales are increasing constantly at a reasonably wholesome fee:


PHEV gross sales are in stagnation at greatest and present indicators of fading:


Up to now this 12 months, the BMW Group bought nearly 1 / 4 million plug-in automobiles, together with almost 153,000 all-electric automobiles.

Plug-in automotive gross sales year-to-date in 2023:

  • BEVs: 152,936 (up 102%) and 12.6% share
  • PHEVs: 92,532 (down 15%) and seven.6% share
  • Complete plug-ins: 245,468 (up 33%) and 20.2% share

For reference, in 2022, the BMW Group bought 433,795 plug-in electrical automobiles (up 32 p.c year-over-year), together with 215,755 BEVs (up 108 p.c year-over-year).

As we will see under, rechargeable automobiles characterize greater than 20 p.c of the entire quantity.


Plug-in automotive gross sales by model

If we get into the main points, it seems that the BMW model bought 77,948 all-electric automobiles final quarter, whereas the remaining 8,668 models fall on the Mini model.

BEV/PHEV gross sales in Q2 2023:

  • BMW:
    BEVs: 77,948 (up 150.7% year-over-year)
    PHEVs: N/A
  • Mini:
    BEVs (fully-electric Cooper SE): 10,341 (up 8.8%)
    PHEVs: N/A
  • BMW Group Automotive: 134,982 (up 42%)
    BEVs: 88,289 (up 117%)
    PHEVs: 46,693 (down 14%)

The following step would be the market launch of the fully-electric BMW i5 mannequin (together with the i5 M60 and i5 Sequence Touring), in addition to the BMW iX2 and BMW i7 M70.

In accordance with the corporate, the upcoming all-electric Rolls-Royce Spectre tremendous coupé has exceeded excessive expectations, with an order e-book that already reaches the tip of 2024.

In the long run, BMW Group will promote an increasing number of all-electric automobiles. The corporate introduced that by 2024, no less than one in 5 of the corporate’s new automobiles ought to have a fully-electric drivetrain. Right here is the roadmap:

  • 2024: BEVs share – no less than one in 5 (20%)
  • 2025: BEVs share – no less than one in 4 (25%)
  • 2026: BEVs share – no less than one in three (33%)