BMW's EV Sales to Continue Driving Growth in 2023.

BMW Group's fully electric vehicle sales more than doubled in Q1, with over 64,000 units sold, up 83.2% YoY, despite overall sales slipping 1.5%. BMW brand EV sales more than doubled (+112.3%) in Q1 and will remain the "main growth driver" this year. The automaker plans to offer at least one fully electric model in every major segment and anticipates a "steep growth trajectory" in the next few years. By 2026, BMW plans for about one in every three new vehicles to have a fully electric drivetrain as it looks to keep pace in the rapidly evolving auto industry.