BMW's Electric i3 Model is $4,400 Cheaper Than Its Gas-Powered Equivalent
For years, analysts predicted that electric vehicles (EVs) would become cheaper than their gas-powered counterparts by the mid-2020s. BMW has now provided a direct comparison with its upcoming 2027 models: the all-electric i3 and the gasoline-powered M350 xDrive. The EV version is priced at $61,500 compared to $65,900 for the gas model—excluding destination charges—and offers similar performance and styling. Both vehicles are built on different platforms, with the electric i3 benefiting from BMW’s latest technology and chassis design. While there's a cheaper gasoline 3 Series trim without an EV equivalent yet, this comparison highlights how EVs can now offer competitive pricing at purchase time—something that has historically been a barrier to adoption. The shift in price dynamics could influence consumer preferences as EVs become more affordable upfront while also offering lower long-term ownership costs. This development aligns with broader industry trends and signals growing competitiveness of electric vehicles in the mainstream market.
