BMW has reported a remarkable surge in the sales of its electric vehicles (EVs) during the third quarter of 2023. According to the company’s statement released on Tuesday, the sales of their battery-electric vehicles experienced a substantial year-on-year increase of 79.6%, reaching an impressive total of 93,931 units for that quarter alone.
This surge in EV sales demonstrates a notable shift in consumer preferences and reflects the growing demand for electric mobility options in the automotive industry. It also underscores BMW’s commitment to embracing sustainable transportation solutions and keeping pace with the evolving automotive landscape.
Furthermore, the company’s overall group sales witnessed a healthy growth of 5.8% during the third quarter of the year. This expansion in total group sales is indicative of BMW’s ability to navigate the challenges and opportunities presented by the global automotive market, emphasizing the company’s adaptability and resilience.
New Vehicle Sales BMW of North America, LLC, Q3 2023.
| Q3 2023 |
Q3 2022 | % | YTD 2023 |
YTD 2022 |
% | |
| BMW passenger cars | 37,167 | 25,502 | 45.7% | 113,078 | 83,977 | 34.7% |
| BMW light trucks | 46,782 | 52,529 | -10.9% | 141,285 | 146,673 | -3.7% |
| TOTAL BMW | 83,949 | 78,031 | 7.6% | 254,363 | 230,650 | 10.3% |
| TOTAL MINI | 7,900 | 7,178 | 10.1% | 22,769 | 19,185 | 18.7% |
Over the course of the first nine months of 2023, BMW has sustained its positive sales momentum, achieving a cumulative increase of 5.1% in total group sales. This consistent growth trajectory suggests that BMW is effectively capitalizing on market trends and maintaining its competitive edge in the automotive sector.
