Soon there will be additional sales coming from Malaysia.
With the Malaysian National Automotive Policy about to be shown for the first time in months, speculation is high on the tax ‘goodies’ that will be awarded to the slowing automotive segment in Malaysia. We are guessing some tax incentives for plug in hybrids and also full electric vehicles (EV) and there will be a concentered move to get more EV charges installed and working around the country to reduce range anxiety for EV drivers.
Meanwhile, BMW executives in Munich are already in a festive mood as the November global sales figures show a rise and better news for the electric vehicles (EV) as well with increased sales around the globe.
In November, sales of BMW Group electrified models reached a new all-time high of 17,480 units. This includes 13,590 plug-in hybrid models (+20,3%). The BMW i brand continued its positive sales trend in the year to date with the BMW i3 and the BMW i8 (38,497 units, +18.0%). Sales of the MINI Cooper S E Countryman ALL4* Plug-in Hybrid climbed almost 50% in November (1,950 vehicles). This development reflects customer interest in electrified mobility. The BMW Group supports this trend and will be providing more than 4,100 charging points for electrified cars at its locations across Germany by 2021. As an e-mobility pioneer, the company intends to have one million electrified vehicles on the roads by the end of 2021. A quarter of the BMW Group vehicles sold in Europe will be electrified by 2021; this will reach a third in 2025 and half in 2030. The BMW Group also plans to offer 25 electrified models by 2023 – more than half will be fully electric.
“After renewed growth in November, we continue to approach a new record for the full year as planned,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales. “Our electrified vehicles also performed particularly well in November, with sales increasing by 18.4% to reach a new all-time sales high. Last month, one in five BMW 5 Series Sedans was a plug-in hybrid,” Nota continued.
BMW Group sales continued their positive trend in November: Worldwide deliveries increased by 1.4% over the same month last year to 225,662 units. Deliveries in the year to the end of November were up 1.7% year-on-year, with a total of 2,296,174 premium BMW, MINI and Rolls-Royce vehicles sold.