BMW Electric Car Sales Rise

BMW Electric Car Sales Rise

July 8, 2020 0 By autotimesnews

This impressive result was achieved against the backdrop of the coronavirus epidemic, which led to a deep crisis in the automotive industry.

BMW has provided sales data for its electric vehicles. The results were released on Wednesday, July 8th. According to the results of the first half of the year, dealers of the German brand were able to sell 61,652 new cars, under the hood of which is a fully electric or hybrid engine. This result is 3.4% higher than last year’s figure for the same period.

Based on these data, we can conclude that despite the complexity of creating infrastructure for electric machines, the demand for them is growing. The increase in sales of BMW cars with an electric component was influenced by stimulation from the German government – 1 billion euros was allocated to the reimbursement of value added tax, which significantly reduced the cost of such cars.

After analyzing the data, BMW concluded that they were not mistaken with the course on the electrification of their cars.
By the beginning of 2023, the brand should have 25 new cars with a hybrid or fully electric engine.

Meanwhile, BMW has released the final series of the i8 hybrid model. After the appearance on the market, the model became one of the most technologically advanced and unusual in terms of design, but now it is giving way to its successors.