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German automaker BMW sees growth in demand for all-electric vehicles

German carmaker, BMW, says there is a growing demand for electric cars, announcing it has sold a total of 128 196 fully-electric BMW and MINI vehicles in the first nine months of 2022. The company, BMW, says the growth comes as sales of electric vehicles (EVs) rise strongly across the globe and this is more

German automaker BMW sees growth in demand for all-electric vehicles

German automaker BMW sees growth in demand for all-electric vehicles

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German carmaker, BMW, says there is a growing demand for electric cars, announcing it has sold a total of 128 196 fully-electric BMW and MINI vehicles in the first nine months of 2022.

The company, BMW, says the growth comes as sales of electric vehicles (EVs) rise strongly across the globe and this is more than double its battery electric vehicles (BEV) sales in the same period last year (+114.8%).

BMW also announced that it has been accelerating its EV production as it targets the biggest carbon emissions reductions industry-wide by 2030.

Having already lowered emissions per vehicle produced by more than 70% since 2006, the German car manufacturer revealed it also plans to cut down its emissions by a further 80% from 2019 levels by 2030.

“The dynamic growth of our fully-electric models reflects how the BMW Group’s electric line-up is winning over customers – as we continue to press ahead with the transition towards electro-mobility,” says Pieter Nota, member of the board of management of BMW AG responsible for customer, brands, and sales.

“With our attractive, sustainable product range across drivetrain technologies and our strong operating performance, we are on track to meet our sales targets for 2022.”

ITWeb reports that the automaker, BMW, pledged to have 10 million BEVs in 2020 on global roads by 2030.

In the third quarter alone, 52 306 all-electric BMW and MINI vehicles were delivered to customers (+121.6%), says BMW.

In addition, the luxury and sports carmaker says it is on track to double its sales of fully-electric vehicles for 2022.

“Together with the BMW iX3, the two innovation flagships − BMW i4 and BMW iX − continue to drive growth, with particularly strong new orders,” says BMW.

“Additional momentum will come from the BMW brand’s two newest fully-electric models, the BMW i7 and BMW iX1. Both models are receiving very positive customer feedback.

“BMW remains committed to rolling out more EVs – 2023 will bring further models, including the BMW i5 and the pure battery-electric Rolls-Royce Spectre, which will celebrate its world premiere later this month.”

It’s also published that the all-electric MINI Cooper SE, which made its debut in 2019, is also showing strong growth and serves as an important pillar in the BMW Group’s fully-electric model line-up, says the company.

These BMW electric vehicles are available in SA: MINI Cooper SE, BMW i4 range, BMW iX range, and BMW i3 but its production has been discontinued.”

Main Image: BMW Electric Car/BMW.CO.ZA

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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