BERLIN — BMW mentioned it expects over 50 % of its automobile gross sales to be all-electric fashions properly forward of its 2030 goal.
By 2025, a fourth of gross sales might be all-electric, the automaker mentioned, rising to a 3rd by 2026 — an bold leap from the 1-in-11 ratio seen final yr.
After doubling gross sales of battery-only powered BMW and Mini model vehicles final yr, BMW mentioned gross sales of full-electric autos will seemingly account for 15 % of whole deliveries this yr, up from 9 %.
BMW expects full-electric fashions to account for not less than 20 % of whole gross sales by 2024 and 50 % “well ahead of 2030.”
The automaker on Wednesday confirmed preliminary outcomes for 2022 that had been launched final week, together with an 8.6 % margin within the autos enterprise on earnings earlier than curiosity and tax of 10.6 billion euros ($11.37 billion) and money stream of 11.1 billion euros.
BMW forecasts an 8 % to 10 % margin for its autos phase in 2023, up from final yr’s 7 % to 9 % goal, as gross sales of its costliest autos such because the 7 Series offset weaker pricing for entry-level luxurious fashions.
The firm expects secure demand in premium markets in 2023 regardless of inflation and rising rates of interest.
BMW mentioned international deliveries will seemingly improve barely after dropping 4.8 % final yr on account of supply-chain disruptions, though it expects international markets to chill. It indicated that costs for brand spanking new and used vehicles will settle after will increase in 2022.
Still, BMW expects development within the “mid-double digits” share vary for its 7-Series and Rolls-Royce fashions
Source: europe.autonews.com