2015 BMW i3 Priced at $42,275

BMW’s new EV goes on sale mid-2014.

BMW has been slowly releasing more and more information about its upcoming electric vehicle, the 2015 BMW i3, and the latest announcement is the new model’s price of $42,275 with destination.

The BMW i3 will be the first model of BMW’s new “i” sub-brand which promises a focus on zero-emission vehicles and sustainability. The 2015 BMW i3 is powered by a 170hp electric motor that provides approximately 80-100 miles of range. A small, two-cylinder gasoline engine will also be available as an option to provide range-extended capability similar to the system on the Chevrolet Volt.

The 2015 BMW i3 is priced higher than competitors, which include the 2014 Fiat 500e, the 2014 Ford Focus Electric, the 2014 Chevrolet Spark EV, and the 2013 Nissan Leaf. The least-expensive EV on the market is the 2014 Chevrolet Spark EV with a base price of $27,495 with destination. The 2013 Nissan Leaf and 2014 Ford Focus Electric also both received price cuts recently for base prices of $29,650 and $35,995, respective. There is no word yet on tax incentives which could reduce the price of the 2015 BMW i3 depending on the state in which it is purchased.

Look for the i3 to make its official debut July 29 where we will see the first official pictures of the car. The i3 will go on sale in the second quarter of 2014, BMW says. Check out the chart below to see how the i3 stacks up against the electrified competition.

Source: BMW

  • Base Price (with destination)
  • Power Output
  • Electric Driving Range (EPA)
  • 2015 BMW i3
  • $42,275
  • 170hp
  • 80-100 miles (est.)
  • 2014 Chevrolet Spark EV
  • $27,495
  • 130hp
  • 82 miles
  • 2013 Chevrolet Volt
  • $35,995
  • 149hp
  • 38 miles
  • 2013 Fiat 500e
  • $32,600
  • 111hp
  • 87 miles
  • 2014 Ford Focus Electric
  • $35,995
  • 143hp
  • 76 miles
  • 2013 Nissan Leaf
  • $29,650
  • 107hp
  • 75 miles