Skip to main content

BMW pegs i3 plug-in EV pricing at around $40,000 – close to that of a well-equipped 3 Series

BMW i3

We’ve long been wondering where BMW would go with pricing on its i3 electric hatch model. The answer – unofficially – is in: around $40,000. Will the i3 be eligible for the $7,500 federal tax credit, though? BMW has not completed its discussions with the government on the matter. So don’t hold your breath.

That’s for the standard, three-door model, though. There are two other versions in the works: one with an onboard 0.65-liter two-cylinder motorcycle engine for on-the-go electricity generation and also a five-door version. What will those upgrades cost? No word yet. Expect a significant uptick for those variants, though. As we’ve seen, BMW loves to charge extra for goodies.

Recommended Videos

Speaking of which, BMW will offer a program to borrow a conventional gasoline or diesel-powered BMW model for extended trips – again at an additional package price.

It seems BMW isn’t worried about scaring away buyers. After all, only 57,000 EVs were sold in the U.S. last year and BMW’s North American CEO, Ludwig Willisch, doesn’t consider the i3 to be a volume car, according to an Automotive News report.

Following the i3 variants, BMW will put its i8 electric sports car on sale. The price of that will surely be in excess of $60,000.

BMW is also allowing any of its 338 dealers to opt out of the i3 and they have until June to decide. Willisch suspects only small or rural dealers will decline the i3 as the investment in training and tooling will outweigh the sales benefit.

Would you buy a $40,000 three-door BMW i3 EV over a Nissan LEAF or Chevy Volt? Tell us in the comment section below.

Nick Jaynes
Former Digital Trends Contributor
Nick Jaynes is the Automotive Editor for Digital Trends. He developed a passion for writing about cars working his way…
These new NASA EVs will drive astronauts part way to the moon (sort of)
NASA's new crew transportation electric vehicles.

Three specially designed, fully electric, environmentally friendly crew transportation vehicles for Artemis missions arrived at NASA’s Kennedy Space Center in Florida this week. The zero-emission vehicles, which will carry astronauts to Launch Complex 39B for Artemis missions, were delivered by Canoo Technologies of Torrance, California. NASA/Isaac Watson

NASA has shown off a trio of new all-electric vehicles that will shuttle the next generation of lunar astronauts to the launchpad at the Kennedy Space Center.

Read more
5 upcoming EVs I’m excited for, from luxury SUVs to budget champions
Lotus Eletre

Almost every major automaker has released an EV by now -- or plans to soon -- and makers like Ford and Kia already have a variety to choose from. But if you haven't found one that's right for you yet, hang tight. There are dozens of announced electric car models that have yet to come out, and it's clear that the future of EVs is bright.

From longer range to lower prices, the next batch of EVs gives us plenty to get excited about. Here are five upcoming EVs that we can't wait to drive.
Volvo EX30

Read more
Tesla shows off first Cybertruck after two years of delays
The first Cybertruck built at Tesla's Giga Texas facility.

The first Cybertruck built at Tesla's Giga Texas facility. Tesla

Tesla has shown off the first Cybertruck to roll off the production line at its new Gigafactory plant in Austin, Texas.

Read more