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15th January 2019, Munich

Strong growth for BMW electrics

BMW Group sold 142,617 of its composites-rich electrified vehicles in 2018 – up +38.4% on 2017.

“Since launching the BMW i3 in 2013, the BMW Group has rapidly grown its sales of electrified vehicles,” said Harald Krüger, BMW AG chairman. “With over 140,000 delivered in 2018, we have once again achieved our ambitious target. This great result and our impressive market share proves our vehicles are what the customer wants.

This year will see the launch of several new plug-in hybrids. ©  BMW Group

In countries which offer appropriate infrastructure and regulatory support, we are seeing 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.

Europe is the group’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 Germany, the company’s home market, BMW accounted for one in five electrified vehicles sold last year. Globally, its market share is over 9%.

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 drive trains, offering an electric range of up to 80km. 2019 is also the year when the hotly-anticipated MINI Electric will be revealed, to 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.

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