{"id":548,"date":"2020-04-07T16:44:05","date_gmt":"2020-04-07T21:44:05","guid":{"rendered":"https:\/\/evglobe.com\/?p=548"},"modified":"2020-04-07T16:44:05","modified_gmt":"2020-04-07T21:44:05","slug":"q1-2020-bmw-group-evs-and-phev-sales-increased-13-9-percent","status":"publish","type":"post","link":"https:\/\/evglobe.com\/2020\/04\/07\/q1-2020-bmw-group-evs-and-phev-sales-increased-13-9-percent\/","title":{"rendered":"Q1 2020: BMW Group EVs and PHEV sales increased 13.9 percent"},"content":{"rendered":"

The first quarter of 2020 was not kind to the BMW Group. The Bavarians posted a 20 percent decrease in sale<\/a>, across their BMW, MINI and Rolls-Royce brands. But there is a silver lining in these numbers. According to BMW, the sales of plug-in hybrid vehicles were remarkable year-t0-date.<\/p>\n

BMW reports 30,692 sales of plug-in electric cars, the equivalent of a 13.9 percent increase year-over-year. \u201cThis means we are also on track to meet the EU\u2019s CO2 targets. We do not see any necessity to defer climate protection goals\u201d, said Pieter Nota.<\/p>\n

With the advent of the recently introduced X1 xDrive25e and X2 xDrive25e, BMW has a powerful fleet of electrified vehicles which also includes the 225xe Active Tourer, the\u00a0330e<\/a>, the\u00a0530e<\/a>, the\u00a0745e\/745Le, the\u00a0X3 xDrive30e\u00a0and the\u00a0X5 xDrive45e<\/a>. A new BMW 545e<\/a> is also in the works, while the MINI brand offers its own share of plug-in hybrids<\/a>.<\/p>\n

On a group perspective, BMW aims to sell 25 percent electric powertrain vehicles in Europe by 2021, 33 percent by 2025 and 50 percent by 2030.<\/p>\n

\"\"<\/a><\/p>\n

Up to the end of 2023, BMW plans to add no less than 25 different electric and plug-in hybrid models in its portfolio. By the end of 2021, BMW aims to sell more than 1,000,000 electrified cars worldwide.<\/p>\n

But it remains to be seen whether the sales growth of electrified vehicles will continue this year since BMW, just like all other automakers, are in a hold situation with factories being shutdown around the world. The COVID-19 pandemic is likely to have an impact not only on this year’s sales, but also on future strategies. Unless, we see a quick economic recovery.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The first quarter of 2020 was not kind to the BMW Group. The Bavarians posted a 20 percent decrease in sale, across their BMW, MINI and Rolls-Royce brands. But there is a silver lining in these numbers. According to BMW, the sales of plug-in hybrid vehicles were remarkable year-t0-date. BMW reports 30,692 sales of plug-in […]<\/p>\n","protected":false},"author":1,"featured_media":538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[3],"tags":[49,7,6],"yoast_head":"\nQ1 2020: BMW Group EVs and PHEV sales increased 13.9 percent<\/title>\n<meta name=\"description\" content=\"BMW reports 30,692 sales of plug-in electric cars, the equivalent of a 13.9 percent increase year-over-year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/evglobe.com\/2020\/04\/07\/q1-2020-bmw-group-evs-and-phev-sales-increased-13-9-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q1 2020: BMW 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