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The First All Electric Luxury Car Coming to America in 2014

The production schedule and price of the first luxury all electric vehicle by BMW is released.  BMW i3 mini crossover or hatchback will cost $42,275 including destination.

The production version of the car has already been unveiled at the Franfurt Motor Show in last March, and BMW is planning a massive launch events to take places at three cities simultaneously: London, New York and Beijing.

"We're at the dawn of this electric era," sales chief Ian Robertson said during a test drive outside Munich on July 15.

BMW has spent a whopping $2.7 billion (estimate) for the program, it really show the automaker's ambition and the confidence in the future of electric cars.

"This is a significant move for BMW," said Lincoln Merrihew, vice president of transportation at market researchers Millward Brown Digital. "They're launching a new brand in a new segment with new vehicles ... And they're going all in."

Charging comes from a home station supplied by BMW or any public charging station with a Level 2 system. BMW says DC fast charging will be available soon, as an option. That will provide an 80 percent charge in just 20 minutes.

On the performance side, i3 delivers 170 hp and 184 lb-ft of torque with its electric motor. The unit was developed by BMW and stores power in a 22-kWh battery, which should last 80-100 miles, according to the company.

BMW insists 80-100 miles range is adequate for drivers based in urban or suburban areas, but that really places a serious limit on the car's usability in practice.

The EV market leader Nissan, Toyota, General Motors and VW's Audi have trimmed electric-car plans or have had to offer aggressive pricing meet their sales target, and the success of such a high priced EV is unclear at the moment.

The First All Electric Luxury Car Coming to America in 2014 Reviewed by Blogs on 2:21 AM Rating: 5

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