BMW hits 1 million electric vehicle sales

by SpeedLux

BMW has sold its one-millionth electric vehicle (EV) including purely electric and hybrid vehicles. The automaker plans to reach two million sales of fully electric vehicles by 2025.

About seventy percent of EVs sold were hybrids according to board member Pieter Nota.

Nota said the automaker believed hybrid models would keep playing a vital role in particular for consumers without easy access to chargers.

Continuing to modernize fossil fuel-burning cars was another significant move towards making the industry more sustainable, he said: “Only then can we make a difference across the customer base.”

The automaker aims for at least 50% of worldwide sales to be fully electric by 2030 but has repeated on numerous occasions that the lack of charging infrastructure was a major barrier to quicker consumer uptake of electric automobiles.

Sales in November were slightly below 2020’s levels, Nota said, as the chip shortage crisis has restricted supplies. However, the automaker remained confident that it would see absolute revenue growth compared to 2020, Nota added.

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