Connect with us
BMW-BEV-sales-goal-Q3-2022 BMW-BEV-sales-goal-Q3-2022

News

BMW posts record BEV sales for Q3 2022 as demand for all-electric vehicles rise

(Credit: BMW)

Published

on

BMW is starting to see the merit of selling battery electric vehicles (BEV). The legacy automaker set new quarterly benchmarks for battery electric vehicles and plug-in hybrid electric cars in the United States during Q3 2022. 

BMW’s U.S. brand sales increased by 3.2% in the third quarter, partly due to battery electric vehicle availability. The OEM sold approximately 78,031 vehicles in Q3 2022, compared to 75,619 units sold in the third quarter last year. 

The increased availability of the battery electric BMW iX Sports Activity vehicle and BMW i4 Gran Couple significantly contributed to BMW’s sales growth in the third quarter. The legacy automaker sold 4,337 battery electric vehicles. It delivered approximately 10,858 BEVs and Plug-in hybrid electric vehicles (PHEV) combined. 

“The customer demand and enthusiasm for BMW’s electric vehicles has been there from the start,” said Sebastian Mackensen, President and CEO of BMW of North America. “With the support of our dealer partners, we expect this momentum to accelerate through the fourth quarter, resulting in a strong finish to the year.”

 BMW plans to expand its battery electric lineup in the fourth quarter with its first-ever all-electric i7 sedan, which has started arriving at U.S. dealerships. CFO Nicolas Peter told Bloomberg that BMW expects EV deliveries to range between 240,000 to 245,000 this year. BMW AG believes EV sales and deliveries will jump by 70% or up to 400,000 next year due to strong demand. 

Peter stated that BMW’s global sales would be slightly lower this year than in 2021 because of the losses the company incurred in the first half of 2022. Due to the pandemic, BMW has had to deal with supply chain challenges, including shortages of semiconductors. Supply issues and similar challenges have disrupted BMW’s EV production in 2022. However, BMW’s CFO is looking forward to next year when the company aims to make “another big leap” with all-electric vehicles. 

Advertisement

The Teslarati team would appreciate hearing from you. If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101.

Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

Advertisement
Comments

News

Tesla Giga Berlin fire results in zero injuries and no environmental damage

The incident occurred on Monday afternoon in the factory’s battery production area.

Published

on

(Credit: Tesla)

A small fire in Tesla’s battery assembly facility at Giga Berlin earlier this week prompted an evacuation and a temporary halt to Model Y production, though no injuries or environmental damage were reported. 

The incident occurred on Monday afternoon in the factory’s battery production area, and local authorities confirmed that Tesla immediately reported the fire. Fire crews spent several hours extinguishing the blaze before operations gradually resumed the following day.

Incident details and safety response

As noted in a report from Handelsblatt, the fire began when several stacks of battery cells fell from a conveyor belt on the first floor into a ground-level shaft. The cells ignited, with flames spreading only to the transport system on the ground floor. The Brandenburg State Office for the Environment (LfU) reported that 512 cells were affected in the incident, which is equivalent to about two-thirds of a passenger car’s battery pack.

Tesla did not respond to media inquiries, though the company did state that there was a “small fire in battery pack production.” The Oder-Spree district itself also confirmed the incident. Authorities stated that all safety procedures were followed, with Giga Berlin employees being immediately evacuated and firefighting water being fully contained within the building. A specialist cleaning firm has been tasked with handling the firefighting residue, ensuring no risk to groundwater or surrounding areas.

Impact on production and investigation

Production was immediately halted after the fire, as per a report from electrive. Drive unit assembly resumed on Tuesday afternoon, though battery pack assembly remained offline. Employees who were unable to continue their usual work participated in training programs and first-aid courses while operations were paused.

Advertisement

The affected cells that were involved in the fire have not been disclosed, though Giga Berlin currently uses CATL LFP cells for Model Y base variants and LG Energy Solution NCM cells for Long Range versions. Tesla is continuing its internal investigation into the cause of the incident while cooperating with regional authorities. That being said, the district has emphasized that Tesla “took all necessary measures in line with the emergency plan agreed with the local water authority and WSE.”

Continue Reading

News

Tesla analyst compares Robotaxi to Waymo: ‘The contrast was clear’

“In short, robotaxi felt like a more luxurious service for half the cost and the driving felt more human-like.”

Published

on

Credit: Tesla

Tesla analyst Jed Dorsheimer of Wall Street firm William Blair compared the company’s Robotaxi platform to Waymo’s driverless ride-sharing program, and had a clear-cut consensus over which option was better in terms of rider experience.

Dorsheimer visited Austin recently to ride in both Tesla’s Robotaxi ride-sharing program and Waymo, which has operated slightly longer than Tesla has in the city. Tesla started rides on June 22, while Waymo opened its vehicles to the public in March.

A Tesla Model Y L Robotaxi is a legitimate $47k Waymo killer

The analyst gave both platforms the opportunity to present themselves, and by the end of it, one was better than the other in terms of rider experience. However, he noted that both platforms gave safe and smooth rides.

Overall, there was a tremendous difference in the feel and environment of each option.

Tesla Robotaxi vs. Waymo

Dorsheimer said that Tesla’s first big advantage was vehicle appearance. Robotaxi uses no external equipment or hardware to operate; just its exterior cameras. Meanwhile, Zoox and Waymo vehicles utilize LiDAR rigs on their vehicles, which made them “stick out like a sore thumb.”

“In contrast, the robotaxis blended in with other Teslas on the road; we felt inconspicuous flowing with the traffic,” he added.

The next big victory went in the way of Robotaxi once again, and it concerned perhaps the most important metric in the ridesharing experience: price.

He continued in the note:

“Confirming our thesis, robotaxi was half the price of Uber, showing its ability to win market share by weaponizing price.”

In terms of overall performance, Dorsheimer noted that both platforms provided safe and “top-notch” experiences. However, there was one distinction between the two and it provided a clear consensus on which was better.

He said:

“In Austin, we took multiple robotaxi and Waymo rides; the contrast was clear. Aside from the visual difference between each pulling up to the curb, the robotaxi was comfortable and familiar, and it felt as though a friendly ghost chauffeur was driving our personal car. Driving was smooth and human-like, recognizing and patiently waiting for pedestrians, switching into less crowded lanes, patiently waiting to execute a safe unprotected turn, and yet, discerning and confident enough to drive through a light that just turned yellow, so as not to slam on the brakes.

Waymo also provided a top-notch service, and we did not encounter any safety concerns, but if we were to be overly critical, it felt more … robotic. In the cabin, you have to listen to an airline-esque preamble on Waymo and safety protocols, and during the ride, you can hear all the various spinning lidar sensors spooling up and down with electronic whizzing sounds.”

Tesla Robotaxi provides an experience that seems to be more catered toward a realistic ride experience. You can control the music, the cabin temperature, and transitioning your travel from one vehicle to the next during a trip will continue your entertainment experience.

If your first trip ends in the middle of a song, your next trip will pick up the music where it left off.

Meanwhile, Waymo’s experience sounds as if it is more focused on rider expectations, and not necessarily providing a ride that felt catered to the occupants. Still, what’s important is that both platforms provided safe rides.

Dorsheimer ended the note with one last tidbit:

“In short, robotaxi felt like a more luxurious service for half the cost and the driving felt more human-like.”

Continue Reading

News

Tesla offers new deal on used inventory that you won’t want to pass up

Tesla opened up lease deals on used Model 3 and Model Y inventory in California and Texas on Tuesday, marking the first time it has launched the option on pre-owned cars.

Published

on

Credit: Tesla

Tesla is offering a new deal on its used vehicle inventory that consumers looking for a great deal won’t want to pass up.

Traditionally, Tesla has not allowed potential car buyers to lease its used inventory. The only two options were to buy with cash or finance it through Tesla or a bank.

However, with the elimination of the $7,500 new and $4,000 used EV tax credits, Tesla is breaking its own rules and is now offering lease deals on its used vehicle inventory, but only in a couple of states, as of right now.

Tesla is ready with a perfect counter to the end of US EV tax credits

Tesla opened up lease deals on used Model 3 and Model Y inventory in California and Texas on Tuesday, marking the first time it has launched the option on pre-owned cars.

The deals are tremendous and can cost as little as $0 down and under $225 per month for some vehicles.

Tesla also allows customers to buy the vehicle at the end of their lease deal, which enables some really great ways to end up an owner of the car you plan to drive for the next two or three years.

The lease deal also helps Tesla rid itself of older vehicles that might not be of future use to the company. It formerly planned to use leased vehicles in its eventual Robotaxi fleet, but many of the cars in its used inventory have Hardware 3, which is less capable than Hardware 4, which is installed in the new Model 3 and Model Y.

More importantly, Tesla is giving people yet another way to be in the market for a Tesla before the tax credit ends on September 30.

Continue Reading

Trending