BMW Plug-In Electric Car Sales Up 40% In 2018

AUG 14 2018 BY MARK KANE 14

Almost 6% of new BMW and MINI sold these days are plug-ins

BMW Group continues to improve its plug-in electric car sales in July, however the pace of growth decreased last month to 30.9%.

In total, some 10,649 plug-ins were sold, which is 5.9% of BMW’s total sales result for the month.

This is the third consecutive month with a five-digit-sales number, bringing the total sales to 71,310 after the first seven months of 2018. The growth of 40.6% year-over-year makes the goal of 140,000 easily achievable.

BMW i + BMW iPerformance + MINI PHEV sales worldwide – July 2018

BMW sells more plug-ins thanks largely to launching local production of the 530e in China, which soon will become a bigger market than the UK and U.S. (for BMW plug-ins).

“Improved availability of the locally-built BMW 5 Series plug-in hybrid in China, helped electrified sales in the BMW Group’s largest overall market increase more than six-fold in the year to date, with a total of 8,078 units sold so far in 2018. Several other major markets also achieved significant growth in year-to-date electrified sales, including the USA (13,874 / +39.5%) and the UK (9,923 / +34.3%).”

BMW i + BMW iPerformance + MINI PHEV sales worldwide – July 2018

Categories: BMW, Mini, Sales

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14 Comments on "BMW Plug-In Electric Car Sales Up 40% In 2018"

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Clive

That’s not bad at all when you consider that we just hit 3% EV’s compared to the rest of the ICE market

mzs112000

I think that we will soon reach 5% or more within the next year…
Remember, Model 3 will hit 10k/week for 520,000/year, Bolt EV is at 40k/year, Nissan Leaf E-Plus will likely see huge demand, Kona EV and Niro EV will both see huge demand from those who want a long-range CUV under $42k. Then there is the Kia Soul EV which supposedly is getting 186 mile range and is being sold in more states. Jaguar I-Pace, Mercedes EQ, and Audi E-Tron are rounding out the luxury market. BMW i3 AFAIK is getting more range. Used EV’s will become more plentiful as 2016 Leaf’s come off lease, along with i3, Soul EV and such.
Then there is charging, by this time next year, it should be possible to travel across the US in even a low-range EV(like the pre-2018 Leaf, KIA Soul EV, Spark EV, E-Golf, Focus EV, and JDEMO-equiped Rav4 EV or B250e) thanks to Electrify America.

Mikael

500k Model 3 is just over half a percent. And if you are talking about the US then you have to take into account that half to two thirds of Model 3 sales will be outside the US. The rest are mostly produced in low numbers divided globally.

menorman

Yes, we were already over 5% plug-ins here in California prior to the Model 3 ramp. I expect us to finish near 10% this year and nationally to be tinkering with around 4%.

Clive

That’s a bit optimistic

Lou Grinzo

If anyone wants to know what the tipping point/knee in the curve for the rEVolution looks like, you just described it.

I’ve been waiting for this ever since reading a Popular Science article in the 1970s(!) about some guy who converted some huge GM car to what we now call a PHEV with a huge array of lead acid batteries. Ah, those were the days…

Mikael

We are at ~1,6%, not 3%. So hitting almost 6% of course puts them among the leaders of plugin share of traditional western manufacturers.

tester

Plug-in hybrids are good too, but I’d like to see the breakout for BEVs here.

Christer Gustafsson

I think the BMW PHEV are too short in range and almost can be seen as hybrids. But the cars has a plug and the owners get a good feeling of how driving an EV is like. So in that perspective it’s great news yeah!

Johan M

Also helps BMW gaining EV knowledge and data. If only Toyota could look at it the same way as BMW…

menorman

The EV range isn’t atrocious and in the case of the 530e, it costs the same as the 530i before incentives so there’s literally no downside to getting it.

Clive

As long as you lease it

Shnao

530i (252hp) starts at 53,100EUR
530d (265hp) starts at 57,800EUR
530e (252hp) starts at 56,000EUR

Germany prices including VAT.
With government incentives (3000EUR for plugin-hybrids) the 530e is the cheapest and basically same price as 530i, even if bought.
Diesel has the best fuel economy, especially when driving fast on the Autobahn, is the most expensive to buy though.

I currently roll a 530d Touring, next car might be the 530e though, if they offer the Plugin-Hybrid in the 5-series station wagon by then. Else, Diesel again.

eject

If you do high mileage beating the diesel is just impossible.