The BMW Group, which operates the BMW, Mini, and Rolls-Royce car brands, saw 20% of its global vehicle sales in the third quarter represented by all-electric models. Adding plug-in hybrids increases the electrified models’ share to 27.4%, the company said in its latest earnings report.
From the beginning of the year through September, EVs have accounted for 18.4% of the three automakers’ total sales worldwide, with PHEVs raising the figure to 26.1%.
Despite the promising numbers, the automotive group clearly has a regionalization problem on its hands. Europe is leading the way by a wide margin, with 34.7% of sales represented by EVs and 46.9% by all electrified models.
Meanwhile, over in the United States, just 4.7% of BMW, Mini, and Rolls-Royce models sold were EVs. That’s a huge difference, and it puts the U.S. at the bottom of the BMW Group’s list for electrification. By comparison, Chinese EV sales amounted to 6.5%, while the Asia-Pacific, Eastern Europe, Middle East, and Africa regions totaled 18% EV sales.
S. 4% share in the third quarter. S. also doesn’t get the electric iX2 and iX2 that Europeans have access to. The updated i7 is also on its way, but that has always been a low-volume car that never made a meaningful impact on the company’s sales reports.
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