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BMW Plans to Keep Pole Position

By: bloomberg.com 4 months ago
BMW Plans to Keep Pole Position

Luxury-car maker forecasts another 140,000 hybrid and electric vehicles will be sold this year

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BMW AG expects to sell 140,000 at least partially electric vehicles this year to defend its pole position among luxury-car makers, according to figures released Tuesday. While the number pales in comparison with the 2.46 million vehicles it delivered last year, battery power is taking off in some countries. In January, BMW and Mini plug-in hybrids and fully-electric cars made up a quarter of all its deliveries in Scandinavia and 11 percent in the U.K., and the proportion is set to rise as more electric models are rolled out.

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