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BMW sells 1.4 lakh electric and plug-in hybrid vehicles in 2018

January 13, 2019, 07:10 PM IST by Sagar Bhanushali
BMW sells 1.4 lakh electric and plug-in hybrid vehicles in 2018

BMW has revealed that it sold more than 1.4 lakh electrified (battery-electric and plug-in hybrid) vehicles in 2018. In total, 142,617 (+38.4%) electrified BMW and Mini vehicles were delivered to customers around the world last year.

“Since launching the BMW i3 in 2013, the BMW Group has 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 proves 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,” Krüger continued.

Europe is BMW’s biggest sales region for battery and plug-in hybrid vehicles, accounting for over 50% of sales in 2018. With 75,000 electrified vehicles delivered to customers in Europe last year, BMW is the clear market leader in the region, with over 16% market share. In the company’s home market, Germany, the brand accounts for one in five electrified vehicles sold last year. Globally, the BMW’s market share is over 9%. The company’s biggest single market for electrified vehicles is the USA, where over 25,000 electrified BMW and Mini vehicles were sold in 2018, accounting for more than 7% of the BMW’s overall sales in that country. 

 

Tags:BMW,Electric Vehicles,BMW i3,BMW i8,i8
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