BMW Outpaces Rivals in EV Sales Despite Overall Q2 Dip

BMW's electric vehicle surge contrasts with declining sales at Mercedes, Porsche, and Audi.

BMW's EV sales rose 22% in Q2, totaling nearly 108,000 units.
Overall, BMW delivered 190,622 electric vehicles in the first half of 2024, up 24.6% year-on-year.
Mercedes-Benz and Porsche experienced significant declines in their EV sales, with Mercedes down 25% and Porsche's Taycan deliveries dropping 51%.
Audi's EV sales remained flat, prompting VW to consider closing its Brussels plant due to low demand for certain models.
BMW's total Q2 sales fell by 1.3%, with notable declines in China and Germany, but EV sales growth remained strong.