
US consumers saw initial deliveries of the new i7 EV late last year, but BMW is already introducing yet another variant to help expand its lineup. For comparison, the 2023 i4 eDrive40 starts at an MSRP of $57,100, and the 2023 M50 starts at $68,700. The BMW i4 xDrive40 EV is expected to arrive in Q3 of this year as a 2024 model and will start at a base MSRP of $61,600 (plus $995 destination and handling fees).

Much of those sales were led by BMW’s i4 EV – one of its longer running models which currently exists in two single-motor variants as well as a souped up, dual-motor, M technology version. In Q1 of this year, the legacy automaker saw EV sales double in growth, setting the pace as its main driver in sales for the rest of the fiscal year.

Like nearly all of its German competitors, BMW is slowly transitioning into an all-electric brand, and it’s starting to see some of the fruits of its labor. Those models will also feature a new operating system from BMW called iDrive 8.5. First, BMW is introducing a lower priced all-wheel drive (AWD) version of its i4 Gran Coupe, plus a rear-wheel drive (RWD) version of the new i7 EV.

BMW USA just shared a model update for summer 2023 that includes two new EV variants consumers should see delivered before year’s end.
