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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.

BMW shows off 245-hp, hydrogen-powered 5 Series GT

With BMW's Innovation Days 2015 underway, the German luxury brand is showing off its latest piece of hydrogen-fuel-cell technology. Based in a 5 Series Gran Turismo, the system Í– co-developed with Toyota – promises to deliver on the promise of zero-emissions motoring, without the lengthy recharge times associated with plug-in electric vehicles. At the heart of BMW's latest FCV prototype is a new electric motor derived from the i sub-brand. It produces the equivalent of 245 horsepower, making it roughly comparable in output to the brand's latest 2.0-liter, turbocharged, four-cylinder gas engines. It draws its fuel from a hydrogen fuel tank that sits between the axles. The BMW-patented storage system can hold enough compressed hydrogen to take the hunchbacked 5 Series 300 miles before refueling. BMW and Toyota first inked their FCV partnership back in 2013, with the goal of having "an initial group of approved components ready by 2020," and sales beginning at some point in the next decade. While Toyota has been touting its successes with hydrogen in the form of the new Mirai, this 5 Series marks the first time since the agreement was signed that the German company rolled out one of its hydrogen-powered cars to the public. Check out the 5 Series GT fuel-cell vehicle in the gallery up top, and then scroll down for the official press release from BMW. Long range, short refuelling times, zero emissions: Hydrogen fuel cell drive system points the way to the future of BMW eDrive technology. As part of its research and predevelopment work in the area of drive technology, the BMW Group has focused on the use of hydrogen as an energy source for more than 30 years now. In 2006 the first luxury sedan for everyday use to be powered by a hydrogen combustion engine was unveiled – the BMW Hydrogen 7. And more than 15 years ago the BMW Group also began to direct its spotlight onto hydrogen fuel cell drive systems. A constant stream of significant advances – in terms of energy efficiency, performance capability and everyday practicality – have likewise been made with this technology, which converts hydrogen into power for an electric drive system, rather than burning it inside the engine. The results of the research and development activities in the field of hydrogen fuel cell drive systems will be presented in driving demonstrations for the first time during the BMW Group Innovation Days 2015.

BMW i3 wait list grows to six months

This could make one real expensive decision a little easier to make. The latest official word is that BMW remains undecided if or when it will expand its sub-brand of i plug-in vehicles beyond the i3 and i8, but the i3 city EV has certainly struck a chord in Europe. Citing BMW executive Ian Robertson, Automotive News Europe reports that the German automaker is running a six-month wait list for the i3, which started sales in Europe in November. Bimmer has taken about 11,000 orders globally, and about 1,200 of those are from the US, where the car will debut in May. BMW executive Harald Krueger recently said that the German automaker will hold off on making plans to broaden the i sub-brand until more sales results come in. That said, BMW has trademarked all of the single-digit "i" names from i1 through i9, so should these EVs remain popular, BMW has room to grow. We won't be surprised if we do see more vehicles, since BMW North America chief Ludwig Willisch is already on record as saying the US demand for the i3 will likely exceed supply this year. For a taste of why, check out our first drive here. Featured Gallery 2014 BMW i3 View 107 Photos News Source: Automotive News - sub. req. Green BMW Electric ev sales wait list