BMW sees huge demand for electric vehicles

Sibahle Malinga
By Sibahle Malinga, ITWeb senior news journalist.
Johannesburg, 11 Oct 2022
The BMW iX3.
The BMW iX3.

The BMW Group says it sold a total of 128 196 fully-electric BMW and MINI vehicles in the first nine months of 2022, as sales of electric vehicles (EVs) rise strongly across the globe.

This is more than double its battery electric vehicles (BEV) sales in the same period last year (+114.8%).

The company has been accelerating its EV production as it targets the biggest carbon emissions reductions industry-wide by 2030.

Having already lowered emissions per vehicle produced by more than 70% since 2006, the German vehicle manufacturer says it now aims to reduce its emissions by a further 80% from 2019 levels by 2030.

In 2020, BMW pledged to have 10 million BEVs on global roads by 2030.

It previously told ITWeb that it expects its electrified vehicles to account for 15% to 25% of total global sales before 2025.

“The dynamic growth of our fully-electric models reflects how the BMW Group’s electric line-up is winning over customers – as we continue to press ahead with the transition towards electro-mobility,” says 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.”

In the third quarter alone, 52 306 all-electric BMW and MINI vehicles were delivered to customers (+121.6%), says BMW.

Meanwhile, its rival Mercedes-Benz says in the first half of the year, it sold 139 600 EVs (+14%), 45 400 of which were BEVs. However, its overall sales growth contracted, mainly due to global supply chain issues, notes Mercedes.

BMW says it is on track to double its sales of fully-electric vehicles for 2022.

“Together with the BMW iX3, the two innovation flagships − BMW i4 and BMW iX − continue to drive growth, with particularly strong new orders,” says BMW.

“Additional momentum will come from the BMW brand’s two newest fully-electric models, the BMW i7 and BMW iX1. Both models are receiving very positive customer feedback.”

The all-electric MINI Cooper SE, which made its debut in 2019, is also showing strong growth and serves as an important pillar in the BMW Group’s fully-electric model line-up, says the company.

“BMW remains committed to rolling out more EVs – 2023 will bring further models, including the BMW i5 and the pure battery-electric Rolls-Royce Spectre, which will celebrate its world premiere later this month.”

These BMW electric vehicles are available in SA: MINI Cooper SE, BMW i4 range, BMW iX range and BMW i3 (although production has been discontinued).