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BMW Reports Nearly 80% Surge in EV Sales in Q3

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Filed under Automotive, BMW, EV News, News

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.

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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.


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