M350

BMW is now selling its electric 3 Series in the United States at $4,400 less than the petrol-powered M350i, marking a rare moment where an EV undercuts its combustion equivalent in the same model line. The pricing gap highlights how falling battery costs and US incentives are flipping the usual premium attached to electric cars, a shift widely noted across the auto industry.

BMW's electric i3 has turned out to carry a lower price than the petrol-powered M350 xDrive sedan. The comparison highlights how the company's EV offering can undercut a comparable combustion model, a reversal of the usual price gap between electric and petrol cars. It is likely to fuel discussion about electric vehicles becoming more affordable than their combustion equivalents.

BMW has priced the new electric i3, an electric version of the 3 Series, at $4,400 less than the petrol-powered M350. The pricing puts the EV cheaper than the equivalent combustion model, which is notable in a market where electric cars usually carry a premium. It has prompted discussion about whether EVs are reaching price parity with petrol cars.