The BMW brand saw a sales decline of 7.3% between the last quarter of 2021 and the first quarter of 2022
Despite this, its electric car sales have jumped 149.2% in the same period
The automaker wants to double its sales of EVs year over year
Indeed, both brands combined account for a total of 35,289 electric vehicles sold globally, which is 149.2% more than in the previous quarter.
This is despite the overall sales slump the BMW brand experienced, with sales falling by 7.3%. That means the proportion of electric vehicles in the company’s sales in increasing.
The sales of electric vehicles for the BMW Group have been boosted by the increasing cost of fuel and oil, but also by the arrival of the i4 and the iX EVs.
These two new models are the first fully-electric vehicles sold by BMW in North America since the i3 (which is retiring this year) is available with a range extender in the form of a small gasoline engine.
Mini is also present in the electric space with the Mini SE, which is selling fairly well. By the end of 2022, the group will be producing 15 different EVs, most of which will arrive on sale before the year ends.
For example, the i7 flagship electric sedan will join the lineup later this year and the iX1 and the related Mini Countryman are due to appear in the coming months as well. Preproduction of the i5 is scheduled to begin towards the end of 2022, but it will only reach its first buyers in 2023.
The BMW Group wants to double its electric sales year over year in 2022 and these new models will help it towards this goal. By 2025, a new electric platform will be introduced and it will boost the electrification of the lineup.
Furthermore, Rolls-Royce is intent on selling its last vehicle powered by gasoline in 2030, while Mini will do the same in the first years of that decade.