BMW Group sells 83,000 EVs globally in Q1 2024

MANILA: The BMW Group has sold 83,000 electric vehicles (EV) globally for the first three months of 2024.

According to the German automotive conglomerate, the number came from its BMW, Mini, and Rolls-Royce brands.

The aforementioned figure has translated to an increased battery-electric vehicle sales of around 28 percent for the group and allowed the consortium to achieve one of its margin targets.

Among the best-sellers for the BMW brand are the i4, iX1, and i7. According to the BMW Group, the said models contributed to the marque’s deliveries of 78,682 EVs in January to March 2024. Further, it helped the BMW brand’s electric lineup enjoy a 40.6-percent growth in the said time period.

Further sales momentum is expected over the course of the year from the BMW iX2 and i5, which are currently ramping up.

As for the Mini brand, the BMW Group noted that its compact car marque is undergoing a comprehensive model changeover.

The new Mini Countryman was recently launched with a pure-electric drive train alongside the familiar internal combustion engine. This — the BMW Group pointed out — will be followed by the new Mini Cooper, which can be had with a combustion engine or a fully-electric vehicle. The all-electric Mini Aceman recently celebrated its world premiere at Auto China 2024 and is the brand’s first cross-over model for the premium small car segment.

Its new models are expected to further add to BMW Group’s overall EV sales and drive momentum for the second half of 2024.

Rolls-Royce, on the other hand, sold over 579 fully-electric super coupes in the first quarter of 2024.

“A long-term strategic approach, coupled with maximum flexibility in our day-to-day business and a clear focus on profitability — that is what defines the BMW Group’s strong operating performance. With this strength, we are in a good position for our company’s far-reaching transition with a diverse range of electrified and digitalized products. This year, it will be more important than ever to maintain our strategic course. The investments needed in the digital and electric future of our company are the highest they have ever been,” BMW Group Finance Board of Management Member Walter Mertl said.

“We are confident about the future — because we are building on our highly-attractive products and brands and on our financial strength,” he added.

Photos from BMW Group, BMW, Mini, and Rolls-Royce

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