Fleet News

BMW i4: pricing, specification and range

BMW has announced pricing and specification levels for its new i4 electric car, which goes on sale in November.

Prices start at £51,905 and the UK will get three variants – the i4 eDrive40 in Sport and M Sport Trim and the i4 M50, the company’s first purely electric performance car from BMW M.

In the BMW i4 eDrive40 Sport and BMW i4 eDrive40 M Sport, a 340hp electric motor teams up with rear-wheel drive and has a WLTP-calculated range of up to 367 miles.

The BMW i4 M50 will come with electric motors at both the front and rear axle with a combined maximum output of 544hp, achieving a range of up to 316 miles in the WLTP test cycle.

The M Sport eDrive40 will cost £53,405 and the i4 M50 £63,905.

Having the capability to charge at a maximum rate of 200kW means a range of up to 102 miles (on the BMW i4 eDrive40) and 87 miles (on the BMW i4 M50) can be delivered within 10-minutes of charging.

Specification for the i4 eDrive40 includes 18-inch alloy wheels and the ‘Live Cockpit’, plus standard equipment includes a reversing camera, parking assistant, automatic air conditioning, ambient lighting, LED lights front and back and acoustic protection for pedestrians.

The i4 will join the brand’s i3, iX3 and iX SUV in 2021, alongside the Mini Electric, while electric versions of the 5 Series and X1 are billed to follow giving the Group 12 electric models by 2023.

BMW i4 pricing:

Model

Max Power (hp)

Peak Torque (Nm)

Acceleration (0-62mph)

Range (Miles) (WLTP)

OTR Price

i4 eDrive40 Sport

340

430

5.7

367

£51,905 

i4 eDrive40 M Sport

340

430

5.7

367

£53,405

i4 M50

544

795

3.9

316

£63,905

 

BMW Group says it will have at least one fully electric model on the road in around 90% of its current market segments by 2023.

By the end of 2025, the BMW Group aims to have delivered around two million fully electric vehicles to customers worldwide.

Mini will introduce its very last new combustion engine model as early as 2025 and launch only fully electric models from that point onwards. By 2027, fully electric vehicles will account for at least 50% of all Mini deliveries. The entire Mini range will be fully electric in the early 2030s.

“The BMW Group has ambitious plans for 2021. We have started the new year with strong momentum and are aiming to return to pre-crisis levels as swiftly as possible – and go even further,” said Oliver Zipse, chairman of the Board of Management of BMW AG, in Munich on Wednesday. “We have a clear roadmap for making the transformation of our industry a real competitive advantage for BMW in the coming years: uncompromisingly electric, digital and circular.”

BMW’s strategy came as the brand announced details of its 2020 performance, with revenues down 5% to €98,990m and pre-tax profits down by 26.6% to €5,222m as its vehicle deliveries across the BMW, Mini, Rolls Royce and BMW Motorrad motorcycle ranges dipped 8.4% to 2,325,179.

Society of Motor Manufacturers and Traders (SMMT) data for 2020 showed that BMW's UK registrations dipped 31.2% to 115,476 (2019: 169,753) as Mini registrations declined 28.9%, from 64,884 to 46,109 in a market down 29.4%.

The group said that it expected sales growth this year, however, after the second half of the financial year 2020 provided “a good tailwind going into 2021”.


Click here for electric cars and hybrids best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee