Industry/Official

BMW Group ends 2020 with 31.8% growth in electrified vehicles

BMW-iX3

The BMW Group (includes Mini, Rolls-Royce and Motorrad) sold a total of 2,324,809 vehicles worldwide in 2020, registering a decline of 8.4% compared with the previous year. As for the BMW brand itself, the company shipped 2,028,659 vehicles worldwide, a decline of 7.2%. However, the upper luxury segment saw YoY growth of 12.4%, thanks to models such as the 7 Series, 8 Series and the X7.

The Group sold a total of 192,646 electrified BMW and Mini vehicles worldwide last year — an increase of 31.8% over 2019. Sales of PHEVs, in particular, grew by 38.9%, while pure-electric vehicles rose by 13% compared to the previous year. Europe accounted for 15% of total EV sales. As for other regions, the Chinese market registered a growth of 7.4%. The company’s 5th largest market, South Korea, reported a significant sales increase of 30.5% compared to the previous year, with 69,872 units sold.

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