BMW Launches Its First MassProduction Electric Car

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BMW 5er Electric Cars

BMW Launches Its First Mass-Production Car

By WorldFamousWriter on 31 July 2013 in with No Comments

BMW  AG BMW.XE -0.26% Executive Norbert Reithofer on Monday the auto maker s mass-production electric car, his company would need to sales of plug-in and battery vehicles dramatically by 2025 to regulatory requirements.

The BMW i3  is to go on sale in the U.S. in the second of 2014 where it is expected to be at $41,350 before federal tax and incentives. An optional range —a small gasoline motor—will boost the price tag to $45,000.

Mr. said he is taking a long on the potential of electric vehicles.

If you such a car…you have to into the future, 10, 15, 20 years, Mr. said. If you look around the [at] the emissions regulations, in the States, in the European Union, in China…cars like the BMW i3 are a must.

To comply with coming emissions mandates, which in regions require auto to achieve a certain percentage of from electric vehicles, Mr. said, we need about 30% hybrids and battery electric for the year 2025.

Mr. Reithofer BMW s capital spending in 2012 by 42%, and increased research and spending by 17% to a total of nearly billion ($12.2 billion). this year he told he intended to further increase on new technology. BMW has dedicated part of a in Leipzig to building the i3 and potential plug-in models.

The i3, which starts at €34,950 in could lose €197 a year on an operating basis, Thomas Besson, an analyst at brokerage firm Kepler

Ian Robertson, BMW s global sales and chief, said in London on the company would be profitable day one on each vehicle it made. BMW executives said the i3 s design reduced the number of parts, for savings on factory equipment. BMW with a partner a lower form of carbon fiber for automotive uses, company said.

The car will earn credits for BMW in markets such as reducing the likelihood that BMW have to pay fines for failing to with carbon dioxide and giving BMW headroom under rules to keep selling its profitable internal combustion

Mr. Reithofer said he is confident BMW can sustain growth in overall volumes in the second half of despite challenging market in Europe. The BMW i3 won t contribute much to year s sales figures the car won t start hitting showrooms in until early 2014.

Others are planning pricey models. Daimler AG s Mercedes-Benz plans to launch an electric of its B-Class compact next and General Motors Co. s GM -0.79% plans a plug-in hybrid on the technology in the Chevrolet Volt. The of Volkswagen AG s Audi brand it may delay plug-in models better battery technology is

BMW 5er Electric Cars

BMW s immediate rival in the plug-in segment, particularly in the U.S. is Tesla Motors Inc. The Model S luxury sedan has up to 265 of driving range and starts at before tax breaks.

Mr. Reithofer said the i3 is one of two bookmarks in the s initial plug-in model BMW plans to launch next a sportier cousin to the i3 called the i8, will have an electric driving the front wheels and a gasoline engine driving the Project director Ulrich said on Monday the plug-in i8 isn t a direct rival to the large S sedan.

It s a super sports he said. The i8 will be smaller the Model S, and will offer the dynamics of BMW s M3 high performance but with the fuel efficiency of a car, Mr. Kranz said.

Mr. was cautious when asked if BMW a larger family of battery models. The i3 and i8 are a good start, he We ll look now into the year and 15 and then we will make

The BMW i3 was designed to be a lightweight, battery vehicle. The substructure of the passenger is made from carbon and the chassis is aluminum. BMW says it offer fast charging

The i3 s unique structure makes novel features such as doors. BMW used dried to create a wood-like dashboard and recycled plastics are the raw material for the

With electric vehicles, Mr. Reithofer, you need range. And if you use construction, range will be BMW officials say driving the i3 should prospective buyers that it is a quality car than other electrics.

BMW says the i3 will 80 to 100 miles of driving between Fiat SpA s Fiat 500e, starts at $32,600 before tax has a range of 87 miles. Nissan Co. s Leaf, which starts at under $30,000, can go 75 miles, to the Environmental Protection Agency s General Motors Chevrolet can travel 38 miles on electricity, and 380 once the gasoline engine in.

BMW 5er Electric Cars
BMW 5er Electric Cars
BMW 5er Electric Cars
BMW 5er Electric Cars
BMW 5er Electric Cars

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