BERLIN (Reuters) – German carmaker BMW witnessed a remarkable surge in the sales of its battery-electric vehicles in the third quarter of 2023, with a year-on-year growth of 79.6% to reach 93,931 units, the company announced on Tuesday.
Furthermore, BMW reported an overall increase of 5.8% in total group sales during the same quarter. Moreover, the company’s year-to-date sales demonstrated a growth rate of 5.1% over the first nine months of 2023.
Commenting on the positive sales figures, BMW’s spokesperson Rachel More stated, “We are pleased to see such a significant increase in the demand for our battery-electric vehicles. This showcases the growing popularity and acceptance of electric mobility among consumers.”
The increased sales of electric vehicles are undoubtedly a result of BMW’s continued efforts to expand its product line in the electric vehicle segment. The company has made substantial investments in research and development to deliver cutting-edge electric vehicles with advanced technologies and an extensive driving range. Additionally, BMW has significantly expanded its charging infrastructure to enhance the convenience and accessibility of charging for its customers.
BMW’s commitment to sustainability and reducing its environmental footprint has also played a pivotal role in attracting customers to its electric vehicle offerings. With governments around the world increasingly emphasizing the transition towards electric mobility to combat climate change, consumers are prioritizing environmentally friendly transportation options.
Despite global supply chain disruptions and semiconductor shortages impacting the automotive industry, BMW has managed to maintain steady growth. The company’s strong performance in the sales of electric vehicles is indicative of the demand for sustainable and innovative mobility solutions.
In conclusion, BMW’s sales report for the third quarter of 2023 demonstrates an impressive surge in the demand for its battery-electric vehicles. As the automotive industry embraces electrification, BMW’s continued investment in electric mobility and sustainability has positioned the company as a leader in the segment.
With the positive momentum continuing, BMW is poised for further growth and success in the electric vehicle market.
Regarding future sales prospects, More added, “We remain optimistic about the future of electric mobility and are confident that the trend of increasing demand will persist. BMW is dedicated to fulfilling the evolving needs of our customers and driving the transition towards a sustainable future.”
Reporting by Rachel More; Editing by Miranda Murray
Credit: The Star : Tech Feed
