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1/15, 12:18 PM (Source: TeleTrader)
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BMW St.-2.08%

80.36
Chart for: BAY.MOTOREN WERKE AG ST

BMW to double EV sales in 2021

The BMW Group announced on Friday it has sold a total of 192,646 electrified BMW and MINI vehicles worldwide during the last year adding that this shows a rise of 31.8% in comparison to 2019. The company also said it plans to double the sales volume of electrified vehicles in 2021 and double its line-up to 25 electrified vehicles in the next two years.

Sales of fully electric vehicles increased by 13% in 2020, while plug-in hybrid sales jumped by almost 40%.

"We responded to the effects of the corona pandemic with great agility in sales management and production. As a result, we succeeded in concluding the year with a strong fourth quarter and once again we lead the premium segment worldwide," said Pieter Nota, Member of the Board of Management of BMW AG responsible for Customer, Brands and Sales.

Breaking the News / TF