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Report: BMW EV Sales Charges Ahead Of Rivals Mercedes-Benz, Audi

Thoriq Azmi

11-7-2024

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Web_CariCarz_BMW-i7-Forwardism-014.jpgMB-EQE-350+-AMG_-(7).jpgweb_review_CariCarz_TA_Audi-e-tron-GT-quattro_set-2_-4.jpg

BMW sees its EV sales surge past rivals Mercedes-Benz and Audi throughout 1H 2024, with its deliveries totalling at 107,33 units marking a 22% jump compared to the same period last year.


German luxury automaker BMW is surging ahead of rivals Mercedes-Benz and Audi in terms of its electric vehicle (EV) sales for the first half (1H) of 2024, reports Bloomberg. Adding to which were the struggles by both rivals and raised EV deliveries by BMW in the second quarter (Q2).

The same report indicated that BMW’s Q2 EV deliveries had surged by 22% to 107,933 units through June compared to the same timeframe last year. BMW cited that its attractive product portfolio allowed it to offset what it described as a “challenging market”.


BMW-EV-sales-graphic-2024.jpg

Source: Bloomberg


The Bavarian marque’s results sharply contrasts against that of Stuttgart-rooted rival Mercedes-Benz, which claims its wholesale EV deliveries dropped by 25% to just 45,800 units. The three-point star marque blames weak demands in major markets and heavy discounts in EV markets.

Effectively, BMW is bucking the trend in the European market where EV sales have plateaued or diminished as a share of overall deliveries in recent months. Despite years of growth, EV demands have reportedly softened since governments began reducing or halting EV purchase incentives.


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Both Mercedes-Benz and Audi brands reportedly cited weakened demand for EVs in a number of key markets for their EV sales slump.

web_CariCarz_Review_BMW-i4-eDrive40_-68.jpg

BMW, on the other hand, credited its attractive product portfolio for its EV sales surge.


Over at Audi, the four-ringed marque’s EV deliveries in Q2 2024 remained flat at 41,000 units. Its parent company Volkswagen Group notes that EV sales in Europe and North America shrank by 15% throughout 1H 2024, whilst EV demand in China rose by 45% in the same timeframe.

Looking ahead, BMW is banking on EV sales as it recently debuted a slew of new and updated EV models – i.e. the revised i4 range and the iX2 crossover SUV. BMW had timed its EV shift earlier than rivals through past EV offerings like the i3 city car, thus gaining valuable R&D experience.

Source: Bloomberg via Automotive News Europe


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Written By

Thoriq Azmi

Former DJ turned driver, rider and story-teller. I drive, I ride, and I string words together about it all. [#FuelledByThoriq] IG: https://www.instagram.com/fuelledbythoriq/

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JPJ Running Numbers

KUALA LUMPUR

VNW6851

SELANGOR

BSD5276

JOHOR

JXU3267

PULAU PINANG

PRP2309

PERAK

ANU5312

PAHANG

CFB3953

KEDAH

KFY8785

NEGERI SEMBILAN

NEF3439

KOTA KINABALU

SJK2007

KUCHING

QAB580L

Last updated 25 Mar, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.28

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.03

-0.03

EURO 5 B7

RM 3.23

-0.03

Last updated 20 Mar, 2025

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