BMW Australia Introduces Three Competitively Priced Luxury EV Models Priced Below LCT Threshold

BMW Australia Introduces Three Competitively Priced Luxury EV Models Priced Below LCT Threshold
Want a great rate on your next car?
Enquire now
Matt Brand pointing to the buy menuJacob Brooke pointing to the buy menu

BMW Australia has expanded its electric vehicle (EV) lineup with the unveiling of three new models, each priced under the Luxury Car Tax (LCT) threshold of $89,332 for fuel-efficient vehicles. This strategic pricing positions BMW’s EVs within a more accessible range for potential buyers and underscores the brand's commitment to sustainable mobility in the country.

The new additions to BMW's electric range are the iX1 eDrive20, i4 eDrive35, and iX3 M Sport. Given their pricing, these models are eligible for the Fringe Benefits Tax (FBT) electric car exemption, offering incentives for fleet operators considering eco-friendly transportation solutions.

The iX1 eDrive20, priced at $78,900*, is expected to be available from Q1 2024. This model follows the earlier release of the iX1 xDrive30, launched in mid-2023 at $84,900*.

The i4 eDrive35 extends the i4 Gran Coupe range with a price tag of $85,900* and an anticipated delivery by the end of 2023.

Finally, the iX3 M Sport, priced at $89,100*, offers a new entry level to the iX3 lineup with a planned release by the close of 2023.

By the end of 2023, BMW Australia will have 12 distinct EV variants across six models, marking a notable presence in the Australian electric vehicle sector.

On a global scale, BMW Group has set specific sustainability targets. The company aims for one in every five BMW vehicles on the road to be fully electric by 2025. By 2026, this projection is expected to increase to one in three.

Additionally, the BMW Group's broader objectives include introducing over two million fully electric cars by 2025 and reducing its CO2 emissions per vehicle per kilometre by 50% by 2030, compared to 2019 levels. This approach takes into account the entire lifecycle of the vehicle – from production to disposal, targeting a 40% overall reduction in CO2 emissions.

Here are the specifications for the newly introduced models:

iX1 eDrive20

  • Price: $78,900
  • Launch Timing: Q1, 2024
  • Power: 150kW
  • Torque: 247Nm
  • Acceleration (0-100km/h): 8.6 seconds
  • Battery Capacity: 67 kWh
  • Range: Up to 475 km

i4 eDrive35

  • Price: $85,900
  • Launch Timing: Q4, 2023
  • Power: 210kW
  • Torque: 400Nm
  • Acceleration (0-100km/h): 6.0 seconds
  • Battery Capacity: 70 kWh
  • Range: Up to 430 km

iX3 M Sport

  • Price: $89,100
  • Launch Timing: Q4, 2023
  • Power: 210kW
  • Torque: 400Nm
  • Acceleration (0-100km/h): 6.8 seconds
  • Battery Capacity: 80 kWh
  • Range: Up to 461 km
Are you interested in a
BMW
and looking for the best price?

FAQ

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

Find your perfect car with ease – click for a free, seamless journey with CarSauce and Motor Scout!

Other

BMW

News

Next-gen BMW iX3 Testing Nears End in France

Next-gen BMW iX3 Testing Nears End in France

The first of BMW's Neue Klasse arrives with a new powertrain, 800V architecture and 800km of range.
Jack MacKenzie
Jun 13, 2025 4:35 PM
Potent 2026 BMW M2 CS Announced for Australia

Potent 2026 BMW M2 CS Announced for Australia

The BMW M2 has received the CS treatment, offering a higher level of performance.
Ben Zachariah
May 28, 2025 10:15 AM
Trademarks Offer Glimpse at Future BMW Range

Trademarks Offer Glimpse at Future BMW Range

New badges trademarked by BMW suggest the German luxury carmaker is planning to expand its electric model line-up.
Ben Zachariah
May 19, 2025 10:23 AM

Other car news

Yet another Tesla Model Y beater launched in China

Yet another Tesla Model Y beater launched in China

The Xpeng G7 electric SUV received 10,000 in its first nine minutes on sale.
Jack MacKenzie
Jul 4, 2025 5:43 PM
This small SUV is getting EV Power

This small SUV is getting EV Power

With an electrified Dacia Duster all but confirmed, a Renault Duster EV could be on the way!
Jack MacKenzie
Jul 4, 2025 3:43 PM
FCAI Boss Says Lack of Demand For Hybrids and Electric Cars May Hurt New Emissions Regulations

FCAI Boss Says Lack of Demand For Hybrids and Electric Cars May Hurt New Emissions Regulations

Tony Weber, the Chief Executive of the Federal Chamber of Automotive Industries, has voiced his doubts on the new NVES regulations.
Jack MacKenzie
Jul 4, 2025 10:44 AM

Sign up to our newsletter

Be the first to know when we drop new car reviews.

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.
Thank you! Welcome to the Car Sauce community!
Oops! Something went wrong while submitting the form.
© 2024 Car Sauce. All right reserved.
Privacy Policy
Cookie Policy
Terms and Conditions