BMW i8
plug-in hybrid
Last Thursday BMW began rolling
out the i8 plug-in Hybrid which is set to rival Tesla Motors Inc. and is shaking
up the luxury market for alternative powertrain vehicles. The head of sales and marketing for BMW stated "the
i8 is a brand shaper".
Priced at 126,000 euro
($135.000) BMW's most expensive model combines a lightweight carbon-fiber frame
with an electric motor making the car more fuel efficient than the Toyota Prius
and can accelerate faster than the Porsche 911.
The i8 plug-in Hybrid's main
competition will be Tesla's model S priced from 65,700 euros in Germany. A
Frankfurt based analyst at Bankhaus Metzler said that Tesla will win over
consumers who would normally purchase a BMW because Tesla is expected to be the
biggest innovators. In Germany car buyers are already lining up to test drive
the U.S. made Tesla Model S Sedan which is the brands only car.
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