Ludwig Willisch, CEO of BMW of North America, declared recently the i3 will cost around 40,000 USD or just about the same as a well-equipped 3-Series.

Ludwig Willisch, CEO of BMW of North America, declared recently the i3 electric will cost around 40,000 USD or just about the same as a well-equipped 3-Series.

The final price tag of the car will be announced closer to its unveiling programmed for later this year. Chances are the BMW i3 will be eligible for a 7,500 USD federal tax credit even though one of the firm's spokesman said discussions with the federal government have not been finalized.

The German marque wants to know if those who will buy the i3 with the optional 0.65-liter, two-cylinder motorcycle range-extending engine will benefit from the full tax credit. Willisch did not disclose information about the price tag of the range-extending i3 but he did say the car will have an auxiliary generator which will charge the battery pack.

Both versions of the BMW i3 together with the i8 supercar are scheduled to go on sale next spring.

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