BMW Group Expects BEVs To Make Up 15 Percent Of Its Sales In 2023 via insideevs.com
BMW Group expects BEVs and high-end models such as the 7 Series, the X7 and Rolls-Royce lineup to be the main growth drivers in 2023.
At the BMW Group Annual Conference 2023 on March 15, the automaker said it forecasts battery-electric vehicles to grow in the high double-digit percentage range, which means BEV sales will almost double this year., delivering more fully electric vehicles to customers than its direct European competitors, specifically Mercedes-Benz and Audi, and"significantly more than the majority of Asian and US new entry players" – excluding Tesla, obviously.
For 2023, the Bavarian automaker expects BEV to make up 15 percent of its overall sales. The company noted that its all-electric models are chosen not only by owners of ICE-powered BMWs, but also by customers from other brands, enabling it to gain market share. "Substance is convincing — and this is where our models speak for themselves. That is why we are striving for further significant growth in fully-electric vehicles this year and expect them to account for 15% of our total sales."more than doubling its sales of full-electric vehicles in the first two months of the year compared to the same period of the previous year. The company saw the strongest growth in China, where its BEV sales more than tripled from January through February.
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