BMW finally announced its first-ever compact electric SUV, the iX1, which is an electrified version of its X1. Since the EV largely borrows from the X1 design, we’re also hoping that it will mirror the current price tag of $35,400.
BMW already has a couple EVs on the market, but they’re firmly in the mid or higher price range. Looking at BMW’s iX SUV that was released last year, it retails for $83,200. Even its i4 sedan starts at $55,400.