Fully electric sales double to make up 10% of total sales by the group
The BMW Group sold around 100,000 fewer cars in 2022 at 2.4-million vehicles, but more than doubled the proportion of fully electric cars sold to reach almost 10% of total sales, a spokesperson said on Wednesday.
The German carmaker plans to raise the share of battery electric vehicles in total sales to 15% in 2023, the person added. The core BMW brand sold 2.1-million vehicles last year, down from a record 2.2-million in 2021, as Covid-19 lockdowns in China stymied supply and European inflation weighed on demand.
Still, BMW has so far offset the dip in sales volumes with higher prices, with third-quarter profits rising in 2022.
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