BMW Isn’t Going To Cut Prices As It’s Already Selling Plenty Of EVs

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BMW Isn’t Going To Cut Prices As It’s Already Selling Plenty Of EVs
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The German brand sold 246,867 battery-electric cars in the first nine months of this year, a 92.6% increase compared to 2022

BMW says it has no intention of getting involved in a price war thanks to a solid increase in its global sales for both its combustion-powered models and BEVs. The BMW Group, including the BMW brand itself as well as Mini and Rolls-Royce, delivered 621,699 vehicles in the third quarter of this year. This represents a 5.8% increase from the 587,744 during the same period last year. Sales have also jumped across the entire January – September period, rising 5.

This charge was led by the BMW brand itself which reported a 119.3% rise in deliveries, translating to 13.4% of total sales from January to September. Review: 2022 BMW i4 eDrive40 Shows Carmaker Is Serious About EVs While the sales of BMW’s BEVs are on the rise, the same cannot be said about its plug-in hybrids. In fact, sales of the firm’s PHEVs fell 12.5% in the first nine months of the year from 143,928 units to 125,891 as buyers shifted to fully electric alternatives.

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