BMW Group continues on BEV development path: Milestone of 1 million fully-electric automobiles reached

BMW Group continues on BEV development path: Milestone of 1 million fully-electric automobiles reached

BMW Group continues on BEV development path: Milestone of 1 million fully-electric automobiles reached

Munich. The BMW Group will proceed its constant ramp up of electromobility in 2024 with enticing product choices, regardless of a unstable market surroundings. The firm delivered a complete of 82,700 fully-electric BMW, MINI and Rolls-Royce automobiles to prospects worldwide within the first three months of the 12 months. This represents year-on-year BEV development of over 27.9% for the BMW Group. The improve in gross sales of fully-electric automobiles benefitted from a balanced efficiency throughout all main areas of the world.

“The BMW Group is continuing on its BEV growth path. With the delivery of its one-millionth fully-electric vehicle since the market launch of the BMW i3, we have reached an important milestone that confirms the attractiveness of our product portfolio,” stated Jochen Goller, member of the Board of Management of BMW AG liable for Customer, Brands, Sales. Alongside fully-electric fashions, automobiles with highly-efficient combustion engines and plug-in hybrid know-how stay vital parts of BMW Group’s drive practice portfolio. “By providing a choice of drive train technologies and thanks to our high level of flexibility, the BMW Group is well-positioned to meet changing customer requirements. This strategy is now proving particularly effective in a dynamic market environment,” continued Jochen Goller.

The BMW Group delivered 594,671 automobiles to prospects within the first quarter of this 12 months (+1.1%). The firm achieved sturdy development in Europe, particularly, within the first three months. With 227,784 BMW and MINI automobiles delivered to prospects there, the BMW Group reported a rise of +5.5% over the identical interval of 2023. In addition to vital BEV development, the BMW Group additionally recorded a big year-on-year improve in gross sales of fashions within the high-end premium section, within the first quarter (+21,6%). Most notably, the BMW 7 Series noticed double-digit development worldwide within the interval from January to March, in comparison with the earlier 12 months.

The BMW Group anticipates a slight improve in deliveries within the Automotive Segment in 2024. Fully-electric automobiles and fashions from the high-end premium section can be among the many foremost development drivers in 2024. In each of those segments, the BMW Group expects to see vital double-digit development this 12 months.

Strong BEV development for BMW model

 

In the primary quarter of 2024, the BMW model bought 531,039 items worldwide – a rise of +2.5%, in comparison with the identical interval of final 12 months. The model reported significantly sturdy development in BEVs. Between January and March, 78,691 fully-electric BMW automobiles had been delivered to prospects worldwide – a rise of +40.6% in comparison with the prior 12 months.

Among the model’s fully-electric automobiles, the BMW i4, BMW iX3*, BMW iX1, BMW iX and BMW i7 had been significantly in demand. The BMW Group can be receiving constructive buyer suggestions on the brand new BMW iX2, which was launched onto the market in March. The newly launched BMW 5 Series, with 4 drive practice variants, together with the fully-electric BMW i5, are proving particularly standard.

 

Customer demand for emotional BMW M merchandise nonetheless excessive

 

BMW M as soon as once more elevated its gross sales from the all-time excessive posted within the first quarter of final 12 months and continued its development story within the YTD March 2024. With a complete of 48,110 automobiles bought, gross sales had been up +3,6% on the identical interval of the earlier 12 months. This sturdy quarterly end result was largely pushed by the persevering with recognition of the high-performance fashions BMW M2*, M3 Sedan, M3 Touring* and the BMW XM, in addition to the newly launched Performance derivatives BMW X1 M35i*, M760e*, i7 M70* and i5 M60*.

BMW M GmbH is due to this fact trying ahead with confidence to the remainder of 2024 and plans to additional broaden its vary of electrified automobiles, because it continues to strengthen its main place within the high-performance section and efficiency electromobility.

 

Preparations for New MINI Family proceed at full steam

 

In the primary three months of 2024, 62,107 prospects selected to purchase a MINI. The United Kingdom, Spain, Portugal, China, South Africa, South Korea and Latin America had been among the many international locations reporting gross sales development. Preparations for the market introduction of the New MINI Family proceed at full steam. Late February noticed the launch of the brand new MINI Countryman*, which is produced in Leipzig and can be accessible with an inside combustion engine and as an electrical mannequin. In the approaching months, the MINI Cooper can be launched onto the market as a fully-electric mannequin and likewise with a combustion engine. Another crossover mannequin, the brand new MINI Aceman*, will have a good time its world premiere in April 2024.

 

Demand for Rolls-Royce motor vehicles stays strong all over the world

In line with the marque’s plans, 1,525 (-7,0%) Rolls-Royce motor vehicles had been delivered to shoppers globally within the first quarter. The first three months of the 12 months noticed a lot of spectacular and elaborate Bespoke creations, in addition to supply of Arcadia*, the third coachbuilt Rolls-Royce Droptail.

 

BMW Motorrad reviews greatest month ever in March

 

Thanks to persevering with excessive demand, BMW Motorrad was in a position to ship 46,434 bikes and scooters to prospects within the first quarter of 2024. Although this places BMW Motorrad 3,1% under its all-time excessive for the primary quarter of final 12 months, with greater than 24,000 items bought within the month of March, it recorded the very best new month-to-month gross sales within the model’s historical past. Building on this momentum, BMW Motorrad is stuffed with confidence for the approaching months, with the upcoming market launches of additional enticing fashions. The model’s highly effective line-up, with profitable merchandise that form their segments, paired with the market introduction of standard new fashions, such because the spectacular new F 900 GS, is profitable over prospects worldwide. 

BMW & MINI gross sales within the areas/markets

 

In the US, a complete of 90,844 BMW and MINI automobiles had been delivered to prospects between January and March 2024. This represents a rise of +1.2%.

In Europe, gross sales of BMW and MINI totalled 227,784 items for the primary quarter of 2024 and a rise of +5.5%.

In Germany, 61,976 BMW and MINI automobiles had been delivered throughout this era. This represents a rise of +7.6%.

In China, the BMW Group bought 187,452 BMW and MINI automobiles within the first three months of this 12 months (-3.8%).

BMW Group gross sales in Q1/YTD March 2024 at a look

 

 

1st quarter 2024

Compared with earlier 12 months %

YTD

March 2024

Compared with earlier 12 months %

BMW Group Automotive

594,671

+1.1%

594,671

+1.1%

BMW

531,039

+2.5%

531,039

+2.5%

– BMW M GmbH

48,110

+3.6%

48,110

+3.6%

MINI

62,107

-9.4%

62,107

-9.4%

BMW Group electrified1

122,616

+11.0%

122,616

+11.0%

BMW Group BEV

82,700

+27.9%

82,700

+27.9%

Rolls-Royce

1,525

-7.0%

1,525

-7.0%

BMW Motorrad

46,434

-3.1%

46,434

-3.1%

1BEVs and PHEVs

 

1st quarter 2024

Compared with earlier 12 months %

YTD

March 2024

Compared with earlier 12 months %

Europe

227,784

+5.5%

227,784

+5.5%

Germany2

61,976

+7.6%

61,976

+7.6%

Asia

244,026

-2.8%

244,026

-2.8%

China

187,452

-3.8%

187,452

-3.8%

Americas

108,484

+1.0%

108,484

+1.0%

USA

90,844

+1.2%

90,844

+1.2%

2Provisional registration figures

The supply figures reported on this press launch are provisional and will change up till the BMW Group Report 2024 is printed. Notes on how supply figures are ready may be discovered within the BMW Group Report 2023 on p. 330.

 

  BMW Group Corporate Communications

Dr Sina Unger, Communications Sales

Telephone: +49 89 382-47564

Email: sina.unger@bmwgroup.com

Carolin Bachmann, Communications Sales

Telephone: +49 89 382-38801

Email: carolin.bachmann@bmwgroup.com  

Eckhard Wannieck, head of Communications BMW Group, Finance, Sales

Telephone: +49 89 382-24544

Email: eckhard.wannieck@bmwgroup.com

Media web site: www.press.bmwgroup.com/deutschland

Email: presse@bmwgroup.com

 

Die BMW Group

Die BMW Group ist mit ihren Marken BMW, MINI, Rolls-Royce und BMW Motorrad der weltweit führende Premium-Hersteller von Automobilen und Motorrädern und Anbieter von Premium-Finanz- und Mobilitätsdienstleistungen. Das BMW Group Produktionsnetzwerk umfasst über 30 Produktions­standorte weltweit; das Unternehmen verfügt über ein globales Vertriebsnetzwerk mit Vertretungen in über 140 Ländern.

Im Jahr 2023 erzielte die BMW Group einen weltweiten Absatz von über 2,55 Mio. Automobilen und über 209.000 Motorrädern. Das Ergebnis vor Steuern im Geschäftsjahr 2023 perception sich auf 17,1 Mrd. €, der Umsatz auf 155,5 Mrd. €. Zum 31. Dezember 2023 beschäftigte das Unternehmen weltweit 154.950 Mitarbeiterinnen und Mitarbeiter.

Seit jeher sind langfristiges Denken und verantwortungsvolles Handeln die Grundlage des wirtschaftlichen Erfolges der BMW Group. Das Unternehmen hat frühzeitig die Weichen für die Zukunft gestellt und rückt Nachhaltigkeit und Ressourcenschonung konsequent ins Zentrum seiner Ausrichtung, von der Lieferkette über die Produktion bis zum Ende der Nutzungsphase aller Produkte. 

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BMW iX3: Energy consumption mixed: 18,5 kWh/100 km (WLTP); CO2-emissions mixed: 0 g/km (WLTP); CO2-Class: A

BMW M2: Energy consumption mixed: 9,8-9,6 l/100 km; CO2-emissions mixed: 222-218 g/km; CO2-Class: G

BMW M3 Touring: Energy consumption mixed: 10,4-10,1 l/100 km; CO2-emissions mixed: 235-229 g/km; CO2-Class: G

BMW X1 M35i xDrive: Energy consumption mixed: 8,2-7,9 l/100 km; CO2-emissions mixed: 186–175 g/km; CO2-Class: F

BMW M760e xDrive Limousine: Energy consumption mixed: 1,4-1,1 l/100 km; CO2-emissions mixed: 0 g/km; CO2-Class: G

BMW i7 M70: Energy consumption mixed: 23,7 kWh/20,8 km (WLTP); CO2-emissions mixed:  0 g/km (WLTP); CO2-Class: A

BMW i5 M60: Energy consumption mixed: 20,5 kWh/18,2 km (WLTP); CO2-emissions mixed: 0 g/km (WLTP); CO2-Class: A