BMW Australia says it will further disrupt the local electric vehicle (EV) market next year with announcement of two additional variants priced below key tax thresholds.
It will introduce the iX2 eDrive20 and iX2 xDrive30 – priced at $82,900* and $85,700* respectively.
This means BMW Australia will offer six EV variants priced under $89,332, exempting them from both the Luxury Car Tax (LCT) for fuel-efficient vehicles and Fringe Benefits Tax (FBT) for fleet operators.
The two new iX2 offerings will join the iX1 eDrive20, iX1 xDrive30, i4 eDrive35 and iX3 M Sport in BMW’s six-model line-up of sub-LCT variants.
When the iX2 eDrive20 and iX2 xDrive30 arrive next year, BMW Australia will have 15 variants across seven fully electric models in its range.
BMW Financial Services will extend its commitment to enhancing the ownership experience of its fully electric vehicles through a range of finance offers. A key feature is the Full Circle product integrating Guaranteed Future Value (GFV). This provides owners with the flexibility to return their vehicle at the end of the loan period with upfront knowledge of its value.
The BMW Group anticipates that by next year at least one in five of the company’s new vehicles should have a fully electric drivetrain. In 2025, it should be one in four, and in 2026, one in three.
It aims to have more than two million fully electric vehicles on the road by the end of 2025.
The iX2 eDrive20 and iX2 xDrive30
BMW Australia’s iX2 line-up will begin with the eDrive20, which features a front-mounted drive unit and generates system output of 150kW, including temporary boost.
The iX2 eDrive20 features a high-voltage battery with an impressive 64.8kWh of usable energy with the high efficiency of the drive system, enabling a range of up to 477 kilometres on the WLTP cycle.
Adaptive recuperation and the max range function also contribute to the outstanding range figures. The latest version of the Max Performance Charging software optimises efficiency when charging the vehicle.
The highly integrated drive units of the iX2 xDrive30 – one at the front axle and one at the rear – together generate system output of 230kW (including temporary boost) and 494Nm of system torque. The iX2 xDrive30 accelerates from 0 to 100km/h in 5.6 seconds on the way to a top speed of 180km/h. A combination of the high-voltage battery’s impressive 64.8 kWh of usable energy and the high efficiency of the drive system enable a range of 417 – 449 kilometres on the WLTP cycle.
Adaptive recuperation and the max range function also contribute to the outstanding range figures. The latest version of the Max Performance Charging software optimises above all efficiency when charging. And with up to 130kW DC fast charging rates, the high voltage battery of the iX2 can replenished from 10 per cent to 80 per cent in less than 30 minutes.
In addition, both iX2 variants – as well as the iX1s – are the only battery electric models in the compact premium segment to benefit from 22kW onboard AC charging capability as standard equipment.
The iX2 xDrive30 will be delivered with the Flexible Fast Charger for charging at home sockets as well as a Mode 3 charging cable and a 12-month subscription to the national Chargefox network. The full charging solution package for the iX2 eDrive20 will be announced in the lead up to local launch next year.
2023/24 BMW FBT & LCT exempt fully electric line-up:
| Model | Power | Torque | Accel. (sec) | Gross battery capacity (kWh) | Range (km) | Price | Launchtiming |
| iX1 eDrive20 | 150kW | 247Nm | 8.6 | 67 | Up to 475# | $78,900* | Q1, ‘24 |
| iX1 xDrive30 | 230kW | 494Nm | 5.6 | 67 | Up to 400^ | $84,900* | Q2, ‘23 |
| iX2 eDrive20 | 150kW | 247Nm | TBC | 67 | Up to 477# | $82,900* | Mid-2024 |
| iX2 xDrive30 | 230kW | 494Nm | 5.6 | 67 | Up to 449# | $85,700* | Q1, ‘24 |
| i4 eDrive35 | 210kW | 400Nm | 6.0 | 70 | Up to 430^ | $85,900* | Q4, ‘23 |
| iX3 M Sport | 210kW | 400Nm | 6.8 | 80 | Up to 461^ | $89,100* | Q4, ‘23 |
