BMW i3 Priced From $42,275 In US

More or less in line with previous statements and speculation, BMW announced today that its all-electric i3 city car will start at a suggested retail price of $41,350 plus $925 U.S. destination charge.

The car is set to debut concurrently at events on July 29 in New York, London and Beijing, and will be available in showrooms by the second quarter of 2014. BMW did not specify price for the range-extended version, nor did it verify launch plans.

BMW Group Canada also announced today a base price of $44,950 for the BMW i3 and it will be available in Canada in the first half of 2014.

And, the company further announced UK lease pricing of £369 (incl VAT) per month scheduled to begin November 2013. This is for a 36 month term and with an initial £2,995 (incl. VAT). Contract mileage is 24,000 miles and the arrangement includes a 7.4-kw AC Fast Charger to replenish from zero to 80 percent charge in three hours.

“The BMW i3 heralds the dawn of a new era for individual mobility and for the BMW Group. True to a genuine BMW, the BMW i3 has strong emotional appeal, outstanding product substance and a guarantee of sheer driving pleasure,” said Ian Robertson, Member of the Board of Management, Sales and Marketing BMW. “With this leading-edge vehicle and attractive price, we will provide customers with a compelling offer for electromobility.”

BMW’s innovative EV will feature 170 horsepower and 184 pounds-feet of torque from its hybrid-synchronous electric motor that was developed and to be produced in house by BMW.

Range from the 22-kwh lithium-ion battery is said to be 80-100 miles, and recharging for the U.S. version is via a standard SAE J1772 level 2 system or via DC fast charging through its optional SAE DC Combo-Fast Charger.

i3

And interior room is said to be comparable to a 3 Series although the body is shorter. Its wheelbase is comparatively long however, says BMW, and the car’s turning circle of 32.3 feet promises to make it fun to drive, yet practical for tight urban areas.

BMW notes the i3 make use of the industry’s first mass-produced carbon fiber reinforced plastic (CFRP) passenger cell mounted on an aluminum chassis. What’s more, the car boasts sustainable interior materials and assembly lines in Moses Lake, Washington and Leipzig, Germany make use of hydro-electric, wind and solar power to power the CFRP production facilities.