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Watch the BMW M4 GTS lap the Nurburgring in under 7:28

When BMW unveiled the new M4 GTS back in October, it said it could lap the Nurburgring in 7 minutes and 28 seconds. That's all well and fine in terms of bragging rights, but what Bimmer enthusiasts have been waiting for is the proof. And here it is, in ultra-HD 4k glory. In the video above, you can see the new M4 GTS scything its way through the Green Hell of the Eifel mountains. Behind the wheel is M GmbH engineer and racing driver Joerg Weidinger, who helpfully narrates the video to show us exactly how he tackled each and every corner along the 14-mile circuit. Which may come in handy for those with a season pass to the Nordschleife, but the rest of us are more concerned with that lap time and how it holds up. To put it plainly, the 7:27.88 lap makes the new GTS not only the fastest in the M3/M4 line to date, but the fastest production Bimmer ever clocked around the 'Ring. It handily beats the previous M3 CSL (7:50) and the stock M4 (7:52), and even trounces more powerful Bavarian machinery like the Z8, M5, and M6. There've been a handful of BMW-powered racers, motorcycles, and prototypes (not to mention the McLaren F1) that have clocked faster times, but as far as four-wheeled, standard production Munich-mobiles go, the new M4 GTS is the new King of the Ring. It also just so happens to match or beat the best times clocked by the more exotic likes of the Ferrari 458 Italia, McLaren MP4-12C, and Porsche Carrera GT – putting the M4 GTS in rare company indeed.

BMW i3 to be priced around $40,000

According to Automotive News, the BMW i3 electric hatchback will likely be priced around $40,000, or similar to that of a well-equipped 3 Series sedan, when it goes on sale later this year. This information was revealed during an interview where AN spoke to Ludwig Willisch, CEO of BMW North America. The i3 will likely qualify for a $7,500 tax credit from the US federal government, though AN reports that a BMW spokesperson could not confirm this just yet.
In addition to the all-electric i3, BMW will offer a range-extended version that uses a 0.65-liter two-cylinder motorcycle engine and auxiliary generator to charge the car's battery on the go. Automotive News says pricing for this model is still unclear, as is whether or not the range-extended i3 will be eligible for the $7,500 tax credit. Of course, buyers needing a vehicle for longer trips will be able to borrow one from the automaker.
Automotive News also reports that the majority of BMW's 338 dealers in the United States will be able to sell the i3, as well as the upcoming i8 hybrid sports car. Dealerships have until June of this year to opt out of this program, however.

Daimler, BMW partnering up on wireless charging

Plug-in vehicle advocates can get all warm and fuzzy about two Germany heavyweight automakers getting together for the sake of wireless charging. That's because Mercedes-Benz parent Daimler and BMW will work together to speed up development of a wireless charging system. While not a ton of details were divulged, we can still rejoice. Daimler says the system will consist of an on-board coil and another coil that can be placed within the garage floor or someplace similarly stationary. The system will charge at 3.6 kilowatts and with 90 percent efficiency. No details were released about the system's price or when it would be available, but Daimler shouldn't wait too long, since other OEMs are already talking about their own wireless charging systems. Daimler obviously has some skin in the game here, since Mercedes-Benz will start sales of its S500 plug-in hybrid in September. That model, which was first shown off last August at the Frankfurt Auto Show, can go as far as 20 miles on electric power alone and will get fuel economy of about 84 miles per gallon equivalent. And it's easy to imagine an i3 or i8 driver getting a kick out of never needing to touch a cord. This spring, reports sprung up that fellow German automaker Volkswagen was preparing a wireless charging option for its electric vehicles as soon as 2017. You can check out Daimler's press release below. Wireless charging of electric drive and plug-in hybrid vehicles: PLUG IN HYBRID - unplugged One of the next steps on the way to perfect electric drive and plug-in hybrid vehicles is wireless charging. Daimler and BMW have now agreed on jointly developing and implementing one common technology. Wireless charging of the battery will make the handling of electric drive and plug-in hybrid vehicles even easier. Mercedes-Benz will commence fleet testing of this "unplugged" technology with the S 500 Plug in HYBRID soon, in order to develop a real S-Class solution in recharging the high voltage battery in terms of comfort and ease of operating in the near future. The system consists of two components: a secondary coil integrated into the under tray of the car and a primary coil integrated into a floor plate that can be placed on a garage floor for instance. Electrical energy is transmitted contact-free without the need for a cable, at a power rate of 3.6 kW and with a degree of efficiency of 90%.