BMW Sold 140,000 Electrified Vehicles in 2018

The German carmaker said it expects to have 500,000 e-vehicles on the roads by the end of 2019.

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BMW i3 home charging
BMW i3 home charging

BMW announced on Thursday that it sold more than 140,000 electrified (battery-electric and plug-in hybrid) vehicles in 2018.

In total, 142,617 electrified BMW and MINI vehicles were delivered to customers around the world last year, reflecting a 38.4% increase compared to the same period in 2017.

The German carmaker said it expects to have 500,000 e-vehicles on the roads by the end of 2019.

“Since launching the BMW i3 in 2013, the BMW Group has rapidly grown its sales of electrified vehicles. With over 140,000 delivered in 2018, we have once again achieved our ambitious target,” said Harald Krüger, Chairman of the Board of Management of BMW AG.

“This great sales result and our impressive market share prove our vehicles are what the customer wants. In countries which offer appropriate infrastructure and regulatory support, we see how quickly electromobility can become the norm. I’m confident that by the end of this year, there will be a total of half a million electrified BMW Group vehicles on the roads, with much more to come as we continue to extend our model line-up over the next few years.”

To capture the market further BMW plan to launch new electric vehicles.

2019: New launches

This year will see the launch of several new plug-in hybrids, including the new generation BMW X5 plug-in hybrid and the new BMW 3 Series plug-in hybrid. These models will have the latest generation of electric drivetrains, offering an electric range of up to 80 km according to the NEDC cycle. 2019 is also the year when the hotly anticipated MINI Electric will be revealed, which will be built in Oxford, UK.

By 2021, the BMW Group will have five all-electric models: the BMW i3, the MINI Electric, the BMW iX3, the BMW i4 and the BMW iNEXT. By 2025, that number is set to grow to at least twelve models. Including plug-in hybrids, the BMW Group’s electrified product portfolio will then comprise at least 25 models.

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