- The 2014 BMW i3 electric vehicle will be priced in the low-to-mid-$40,000 range, when it goes on sale in the U.S. in the second quarter of 2014.
- The pricing does not factor in a federal tax credit of $7,500.
- A formal pricing announcement is expected by the end of July.
WOODCLIFF LAKE, New Jersey — The 2014 BMW i3 electric vehicle will be priced in the low-to-mid-$40,000 range, when it goes on sale in the U.S. in the second quarter of 2014, a BMW spokesman told Edmunds on Wednesday.
The pricing does not factor in a federal tax credit of $7,500.
"The base price of the i3 in the U.S., not including the tax incentive, will be in the low-to-mid-$40,000s," said David Buchko, a BMW spokesman, in a phone conversation.
Buchko said BMW has not started accepting pre-orders for the i3 and has not yet launched the i3 configurator on the BMW build-your-own Web site here. But he said the configurator will be launched "fairly soon."
Buchko would not confirm a price on the optional range-extender engine on the i3. Speculation in the media has pegged the price in the $2,000-$3,000 range. The range-extender engine is a 650cc two-cylinder gasoline engine that delivers 34 additional horsepower. It increases the car's maximum range to around 160-180 hp, according to the automaker.
BMW also said late Tuesday that it will be entering into "a far-reaching partnership in the electricity field to ensure premium charging solutions are available" for the i3. Buchko would not name the provider at this point. But he said i3 buyers likely will be able to purchase so-called "green electricity" produced from clean sources to power their EV.
BMW has not provided pricing on home-charging stations for the i3, but they are expected to start around $2,000-$3,000 for basic installation, he said.
When asked if BMW will launch a network of charging stations similar to the Supercharger network set up by Tesla Motors, Buchko said: "BMW won't be investing in charging stations, per se."
But he said charging stations that provide four-hour charging for the i3 will be available at BMW dealerships in the U.S. Whether a fee will be charged for that service is unknown at this point. Buchko also had no firm number to offer on how many dealerships will offer charging services. Nissan recently announced that many of its U.S. dealers will offer a quick-charging service for the Nissan Leaf, a competitor to the BMW i3.
BMW disclosed some specifications on the i3 late Tuesday. But it stopped short of estimating the i3's miles-per-gallon equivalent rating, a critical piece of information. The EPA has not posted official fuel economy numbers on the i3.
The i3's electric motor generates output of 170 hp and sprints from zero to 60 mph in approximately 7 seconds, according to the automaker.
The base i3 (without the optional range-extender engine) has a range of 80-100 miles in "everyday driving," said BMW.
The German automaker said U.S. weight specifications on the i3 will be available closer to the car's U.S. launch.
Edmunds says: Expect the 2014 BMW i3 to slot in between the Nissan Leaf and the Tesla Model S when a formal pricing announcement is made later this month.