BMW charts doubling of EV sales as electric models “win over” customers

The BMW Group sold nearly 130,000 battery electric vehicles (BEVs) through the first nine months of 2022, more than double the number sold during the same period in 2021.

The iconic German luxury vehicle manufacturing group reported on Monday sales figures for the first three quarters of 2022, highlighting the company’s impressive ramp-up of electric vehicle (EV) production.

The BMW Group sold a total of 128,196 BEVs during the first nine months of 2022, including BEVs from both BMW and its Mini marque. This equates to a 114.8% increase in BEV sales compared to the first nine months of 2021.

Numbers for the first nine months were buoyed by an impressive third quarter. BMW had already reported in July that its BEV sales for the first half of the year had more than doubled, but third quarter numbers continued the company’s strong growth.

In the third quarter, a total of 52,306 BEV BMWs and Minis were delivered to customers, representing 121.6% growth over the same quarter in 2021.

Unsurprisingly, then, BMW also expects that it will remain on track to double BEV sales for the year 2022.

Electric models winning over customers

“The dynamic growth of our fully-electric models reflects how the BMW Group’s electric lineup is winning over customers – as we continue to press ahead with the transition towards electromobility,” said Pieter Nota, member of the Board of Management of BMW AG responsible for customer, brands, and sales.

“With our attractive, sustainable product range across drivetrain technologies and our strong operating performance, we are on track to meet our sales targets for 2022.”

The BMW Group’s battery electric vehicle offerings are led by the BMW iX3 and the company’s two flagship vehicles, the BMW i4 and iX. Further growth is expected from the BMW brand’s two newest BEV models, the i7 and iX1. Meanwhile, the Mini Cooper SE remains a strong growth model and is described by the Group as “an important pillar” in its fully electric model line-up.

Future BMW models continuing to expand its BEV range include the i5 which will launch in 2023, as well as the pure battery-electric Rolls-Royce Spectre.