BERLIN -- BMW Group sold around 100,000 fewer cars in 2022 at 2.4 million vehicles, but more than doubled the proportion of fully-electric cars sold to reach almost 10 percent of total sales.
The automaker plans to raise the share of battery-electric vehicles in total sales to 15 percent in 2023, a BMW spokesperson said.
The core BMW brand sold 2.1 million vehicles last year, down from a record 2.2 million in 2021, as COVID-19 lockdowns in China disrupted vehicle sales and supply chains, and European inflation weighed on demand.
BMW has so far offset the dip in sales volumes with higher prices, with third-quarter profits rising in 2022.
The carmaker will report full 2022 sales figures on Jan. 10.
BMW is expanding its electric lineup and will begin deliveries of its full-electric i7 flagship sedan, a variant of the seventh-generation 7 Series, this quarter.