BMW Australia has reduced the price iX3 Electric mid-size SUV by $10,000, following price hikes on most other models this week.
The BMW iX3 is now priced $104,900 before on-road costsmaking it $5500 cheaper than the related X3 xDrive30e plug-in hybrid (PHEV).
The price cut draws the iX3 closer to the recently introduced iX1, which retails for $82,900 plus on-the-road in either xLine and M Sport trim levels.
This iX3 cut follows Tesla’s recent decision to cut the price of its best-selling Model Y SUV earlier this month, by up to $3400. Performance now costs $94,900. Another competitor around this price point is the faster but less upscale Kia EV6 GT at an expected $99,950.
In Australia, the BMW iX3 is only available in one specification grade. Power comes from a single motor electric drive chain featuring a 210kW/400Nm e-motor on the rear axle is fed by a 80kWh lithium-ion battery pack.
The iX3 has a claimed range 460 km according to the stricter WLTP test cycle. It can be DC fast charged up to 150kW, and AC charged up to 11kW.
It should be noted that the BMW iX3, Tesla Model 3 and Tesla Model Y are all made in China, which is currently the fourth largest source of vehicle imports for Australia according to the latest VFACTS industry sales data.
In fact, the five best-selling electric vehicles (EVs) here in 2022 will all be sourced from China.
The iX3 was the 10th best seller in Australia last year with 593 examples sold.
It was outsold by Tesla Model 3 (10,877 sales), Model Y (8171), BYD Atto 3 (2113), Polestar 2 (1524), MG ZS EV (1119), Hyundai Kona Electric (1096), Volvo XC40 Recharge ( 983), Hyundai Ioniq 5 (756), and Mercedes-Benz EQA (624).
BMW Australia’s EV range currently consists of the iX1, iX3 and iX SUVs, as well as the i4 and i7 passenger cars.
MORE: It’s all BMW X3