Monday, July 15, 2024

BMW Group new energy vehicles (NEV) sales reached 328,316 units in 2021, Up 70.4% year on year

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German automaker BMW has posted the highest annual sales by posting a 9.1 percent increase over 2021.

This sales growth was considered brilliant even though the company had faced various obstacles such as component supply constraints and the impact of the Covid-19 pandemic.

In 2021, BMW managed to sell a total of 2,213,795 units worldwide. This number makes BMW the number one car brand in the global premium segment.

BMW said the sales surge was due to the company’s recently updated operational performance with a clearer focus on spurring production of electric vehicles.

BMW managed to increase its electric car sales by 70.4 percent and recorded sales of 328,316 electric vehicles covering the BMW and MINI brands.

By 2021, about 13 percent of all BMW and Mini cars sold will be electric vehicles, accounting for 23 percent of the European market.

The BMW i3 model posted significant growth, up 5.4 percent to 28,216 units sold. BMW chief of sales Pieter Nota said the company is currently looking to expand sales of electric vehicles and drive even higher than last year’s sales.

“In 2022 we want to systematically expand the reach of the electric vehicle market. We have set very ambitious growth targets in this area to more than double our EV sales from last year,” said Pieter Nota.

Apart from the BMW i3, other BMW products such as the BMW M Performance ARM also recorded record sales, selling 163,542 units throughout 2021.

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