The BMW i4, which is all-electric, is going to cost drivers 30 percent less than a comparable internal combustion equivalent, according to the German automaker. Still, combustion engine cars will continue to have a role for a long time. The German automaker unveiled its future i4 and iX electric vehicles in an online event, describing them as “bookends” for a series of 13 electric cars it plans to launch by 2023.
Both will be accessible in the United States, and drivers can already register their interest on BMW’s website. The iX will be available this quarter, and the i4 will be available in early 2022. BWM anticipates electric vehicles to account for half of its sales by 2030. Meanwhile, it believes that plug-in hybrids will appeal to a certain segment of the market, and it will continue to sell “burners” – as they are regarded in Germany – for some years.
“We anticipate a long existence for conventional combustion cars,” stated David Ferrufino, who works at the BMW i4 as a project lead — a stark contrast to Volvo’s position, which has stated that ICE vehicles have “no future” (internal combustion engine vehicles (CEV)). It was also a noteworthy remark, given Ferrufino’s emphasis on how much cheaper the electric vehicles will be to operate than the combustion engine vehicles (CEV).
This is also emphasized in this recent post on how purchasing a Tesla Model 3 reduced one owner’s operating costs, as well as this piece about another Tesla owner who drove 400,000 kilometers on a single set of the brake pads. He explained, “When you don’t possess a combustion engine, you don’t need to replace the filters, the oil and a lot of other things.”
BMW is working on a more modular way to replace parts, he added. “The second point is that when you design an electric full battery vehicle from the ground up, we pay greater attention to repair costs and after-sales – more effective, more modular, and easier to change,” he explained.
He referenced an ADAC (Allgemeiner Deutscher Automobil-Club) assessment on BMW’s “first phase” i3, which concluded that after 5 years and 75,000 kilometers, BMW i3 is 20% less expensive to own than an equivalent combustion engine car. He explained, “That includes everything, such as tax, maintenance, depreciation, insurance, and incentives.” “Our goal with the i4 is a similar arrangement – it illustrates how much cheaper it is to own an electric car than it is to own a car with a combustion engine.”
In keeping with BMW’s “driving enjoyment” mantra, they are automobiles aimed at the upper echelon of the auto market. When asked when we may expect a 1 series electric vehicle, BMW’s Johann Kistler, who works as the Head of the Project iX, replied with silence and pursed lips. It appears that its electrification “phase two” will move away from, rather than toward, the BMW i3.
The cheapest i4 model in Australia, the eDrive40, will begin at a whopping $99,900 before on-roads. The iX will cost $135,900 before on-road costs, resulting in direct rivalry with the Tesla Model S, Mercedes-Benz EQC, and Audi e-Tron.