Tesla Model 3 Isn't The Only New EV, BMW To Unveil Own 3 Series EV
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Reports are swirling about a new Tesla Model 3 killer from BMW. It’s more than rumor as BMW is knee-deep in the all-electric revolution and planning on coming out with an all-electric 3-Series. According to sources who spoke to the German newspaper Handelsblatt Global, the BMW 3 Series EV is expected to be unveiled at the Frankfurt Auto Show in September.
Although BMW has been mum on the new model, the Bavarian automaker has its sights set on competing with the highly-anticipated $35,000 Tesla Model 3 due out about the same time, as reported here on Torque News.
The response to the new Tesla Model 3 has been nothing but spectacular with the car already having a long wait list, with somewhere around 400,000 vehicles pre-ordered. Tesla CEO Elon Musk has said the first year of the car's production is essentially already sold out.
BMW already has its 330e iPerformance 3 Series plug-in hybrid that was released last summer. Tesla’s Model 3 is aimed squarely at people who would buy a BMW 3 Series, Audi A4 and Mercedes-Benz C-Class. So BMW has a dog in the hunt and they don’t want to lose sales to the U.S. automaker.
The German website reports the BMW 3 Series EV will have around 248 miles of range and that the German automaker will be able to compete with the price. BMW’s 3 Series base model, the 320i, starts at $33,450. Look for BMW to reveal their own Tesla Model 3 killer this fall. Stay tuned.
We are living at a time of electric car boom.
— Dr. Thomas Hillig (@THEnergyNet) July 2, 2017
Photo credit: BMW 330e