BMW Group more than doubles sales of electrified cars in Q1 of 2021
The BMW Group more than doubled its sales of electrified vehicles in Q1 of 2021, after a rough year in 2020.
The BMW Group more than doubled its sales of electrified vehicles in Q1 of 2021, after a rough year in 2020.
BMW sold 192,662 electrified cars from both the Bavarian brand and MINI. This is more than a third more than in 2019
BMW has cut pricing for the BMW iX3 in China, as pressure from other electric vehicle challengers begins to rise.
BMW reported better than expected profits in 2020, hoping for a faster recovery than initially expected, mostly thanks to the Chinese market.
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Despite 2020 being a rough year, BMW saw an increase in EV sales toward the end of the year and BMW i looks to double sales.
According to BMW, in 2020, the group sold a total of 192,646 electrified BMW and MINI models worldwide, an increase of 31.8 percent
In total, 2,324,809 BMW, MINI and Rolls-Royce vehicles (-8.4%) were delivered to customers worldwide but that's just the big picture.
BMW CEO said that by 2023, about 20 percent of the cars sold by them should be electric. So more BMW electric cars are coming
Due to a combination of low sales figures, dealership inventory backup and Covid-19, the BMW M8 Coupe and Converible won't come to US in 2021.
BMW just released its financial results for the second quarter of 2020 reporting a loss of €212 million
BMW Group managed to keep its strategy mostly on track and increase the sales of electrified models in the first half of 2020.