BMW Group sells 83,000 EVs globally in Q1 2024

Increased electric car sales translated to 28 percent EV growth for BMW Group

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.

KEY TAKEAWAYS

  • How many EVs did BMW sell in the first quarter of 2024?

    The BMW brand sold some 78,682 EVs in the first three months of 2024.
  • How many EVs did Rolls-Royce deliver from January-March of this year?

    From January-March of this year, Rolls-Royce has sold approximately 579 EVs.
  • 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.

    BMW i7 M70 xDrive

    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.

    Mini Countryman SE

    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 Spectre

    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

    Also read:

    BMW Group, Tata Technologies collaborate to develop automotive software, business IT solutions

    Mini releases Clubman’s 'swan song' in PH

    Rolls-Royce celebrates 120th anniversary of founders’ meeting

    Paulo Papa

    Paulo Papa

    Fueled by his passion for cars and a good dose of caffeine, Paulo loves taking his readers for an exciting spin with his writing. A self proclaimed nerd, epigrammatic writer, and a doting father. 

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