BMW expects higher margin and deliveries in 2023 amid electric rollout

German automaker BMW AG on Wednesday set out targets to slightly increase margins for its automotive segment and raise deliveries this year.The company is pushing ahead with the rollout of its battery-electric fleet, and expects to surpass a 50% BEV share ahead of 2030.on Wednesday set out targets to slightly increase margins for its automotive segment and raise deliveries this year, as it pushes ahead with the rollout of its electric fleet.

"A high level of flexibility, combined with our operational performance, proved to be an effective combination for ensuring the success of the BMW Group, even in the face of headwinds and taking advantage of opportunities for profitable growth," Oliver Zipse, chairman of the board of management of BMW AG, said in a press statement.

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