BMW anticipates meeting its 50% all-electric sales goal “well before” 2030.

As per BMW According to the company, an all-electric vehicle will account for one-fourth of sales by 2025 and one-third by 2026. Following a year in which sales of battery-only BMW and Mini brand vehicles more than doubled, BMW predicted that sales of fully electric vehicles will likely represent 15% of all deliveries this year, up from 9%. By 2024, BMW anticipates that full-electric vehicles will sell for at least 20% of the total and 50% “well ahead of 2030.”As sales of its most costly vehicles, including the 7 Series, offset poorer pricing for entry-level luxury models, BMW anticipates an 8 percent to 10 percent margin for its automobiles division in 2023, up from the 7 percent to 9 percent objective established last year.