BMW Group Grows in Electromobility in Q1

The BMW Group announced in an April 7 statement a sales growth of fully electric BMW and MINI vehicles in the first quarter of 2022 compared to the same period last year (+149.2%). In the first three months of the year, the company sold a total of 596,907 BMW, MINI, and Rolls-Royce vehicles. Com­pared with the same period of last year, which was the strongest first quarter in the company’s history, sales showed a moderate decrease (-6.2%), due to a volatile global environement, according to the statement.

“Our clear focus is on ramping up electromobility," said Pieter Nota, member of the board of BMW AG responsible for customer, brands, sales, in the statement. "In the first quarter, we stepped up the rapid pace of growth from 2021 even further and are fully on track to meet our ambitious growth targets for fully-electric vehicles in 2022. The demand for our emotional and innovative products with a wide range of drivetrains covering all customer needs, remains high worldwide. Thanks to this strong product line-up and our high level of flexibility and operational excellence, we expect sales for the full year 2022 to be on a par with last year, despite the challenging global environment."

Despite challenging conditions, the BMW Group doubled its first-quarter sales of fully-electric vehicles from the previous year, with a total of 35,289 fully-electric BMW and MINI vehicles delivered to customers (+149.2%). Especially the BMW iX and BMW i4, which both will soon be available in markets worldwide, are making a significant contribution to the ramp-up of electromobility. In 2022, the company aims to again more than double its sales of fully-electric vehicles compared to last year.

BMW Group Q1 Sales at a Glance