BMW i3 will cost between 35,000 and 40,000 euros

The first electric vehicle to wear the BMW logo on it, the i3, will have a starting price set between 35,000 and 40,000 euros when it will hit the market in 2014.

Even if there is no official word on the production version of the BMW i3 just yet from the German based automaker, the guys at the BMW Blog, who are quoting a German website, are saying that the model will cost between 35,000 and 40,000 euros once it will hit the market in 2014. The BMW i3 will be the first model which will be made under the “i” name and if its prices will be confirmed, future customers will be able to choose between this and the 5-Series in the base version, which will have the same starting price.

The BMW i3 is spacious enough to carry four adult passengers and their luggage at 3.8 meters long, 2 meters wide and 1.5 meters tall. The electric motor in the BMW i3 is powering the rear wheels and energy is stored in a set of batteries which can be charged at a regular socket. The model will get a single-speed transmission and it will be offered with a range extender in order to attract customers who have to travel for wide distances. The electric motor in the i3 will provide 170 HP and 250 Nm of torque and the 0 to 60 km/h acceleration will be over in less than 4 seconds while for the 0 to 100 km/h sprint, less than 8 seconds will be needed.