BMW Doubles Electric Vehicle Sales in H1 2022

BMW Doubles Electric Vehicle Sales in H1 2022

BMW's electrified vehicles’ share of total deliveries rose to 15.9%

In the first half of 2022, the BMW Group was able to more than double its sales of pure electric vehicles to 75,890 units (2021: 36,087 vehicles/+110.3%; Q2 2022: 40,601 units; +85.2%), the company's H1 2022 results revealed.

According to the first half-yearly report. 2022, during the same period, sales of electrified vehicles increased significantly, climbing 20.4% to 184,468 units (2021: 153,243 vehicles; Q2 2022: 94,799 units; +14.2%).

Electrified vehicles’ share of total deliveries rose to 15.9% (HY1 2021: 11.4%).

BMW AG CEO Oliver Zipse said: “Emotional products and innovative technology are and will remain the backbone of our business success.

"Our rapidly growing range of all-electric vehicles with the BMW Operating System 8 impresses customers and experts alike — and is already a central driver of our sales today."

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In a highly volatile environment, the BMW Group remained on course in the first half of 2022, the company stated.

With flexibility and expertise, the company encountered challenges, including continued supply chain disruptions and bottlenecks for semiconductors and specific supplier parts.

The BMW iX3 (2022: 21,548 vehicles; HY1 2021: 10,009 vehicles) and the MINI Cooper SE (2022: 18,428 vehicles; HY1 2021: 13,454 vehicles) remained the most in-demand fully electric models, reporting significantly higher sales than in the prior-year quarter.

The innovative BMW iX and BMW i4, which are still being launched in the markets, have also been well received and contributed to the outstandingly high order bank of BMW Group.

Further sales growth is expected in the second half of the year – on top from the fully-electric BMW i3 built in China, but also from the BMW iX1* and the BMW i7 luxury sedan.

With a total of 1,160,094 vehicles, BMW Group sales failed to reach the all-time high of the previous year (HY1 2021: 1,339,047 units; -13.4%; Q2 2022: 563,187 units; -19.8% from Q2 2021). The company nevertheless expanded its leading position in the global premium segment.

Hydrogen: Zipse highlighted that the role of hydrogen in individual mobility also needs reassessing. “In our view, hydrogen is the missing piece of the puzzle that can complement electromobility in places where battery-electric drivetrains are unable to gain traction.”

Read More: Volvo Cars Targets Major Uptick in Electric Segment During 2022

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