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BMW's Digital Key Plus feature
BMW's Digital Key Plus feature

BMW aims to double fully-electric vehicle sales in 2021

  • The BMW Group currently produces 13 electrified models, either fully electric or plug-in hybrid, sold in 74 markets.

BMW said on Friday that it aims to double its sales of fully-electric vehicles this year as the German carmaker and rivals race to release new models to comply with CO2 emissions targets and chase market leader Tesla Inc .

BMW also said that including plug-in hybrids, it aims for a 50% increase in sales of electrified vehicles versus 2020.

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It did not give sales volumes for its fully electric vehicles but in 2020 data released on Tuesday BMW said it sold close to 193,000 electrified vehicles - fully electric and plug-in hybrid - last year.

Tesla delivered just under 500,000 vehicles, all fully electric, to customers in 2020.

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The BMW Group currently produces 13 electrified models - either fully electric or plug-in hybrid - sold in 74 markets.

BMW said on Tuesday that its global EV sales rose 31.8% in 2020 and accounted for 15% of its sales in Europe, helping the company meet its European Union emissions targets for last year.

By 2023, BMW said it would almost double its line-up of electrified vehicles to 25 models, with more than half of them fully electric.

As well as emissions targets, a growing number of countries will ban the sale of new fossil-fuel vehicles starting in 2030, adding pressure on carmakers to develop electric vehicles.

This story has been published from a wire agency feed without modifications to the text.

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