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BMW has the new electric SUV called the BMW iX and it is likely to start up at past $80,000 in the United States. Being that it’s higher than what was originally expected, BMW is anticipating the release of iNEXT. Which essentially is the next generation of electric vehicles. Finally, even their head of sales, Ian Robertson, was showing doubts. He says of Tesla and their capability to make a Model 3 in high volume quantities at about $35,000. That said, it was seen that the iNext is likely the biggest competitor in the segment. BMW made it known that the iNEXT vehicle is really the BMW iX.

The SUV is gearing up with a battery pack. It is containing “a gross energy content of more than 100 kilowatts.” Therefore, it enables 300 miles past the EPA standard. Under those specs, the BMW iX is nowhere near the price range for the Model 3. BMW is confirming themselves to handle a rough pricing estimate. At least here. The iX in the United States and will shoot for the mid-$80,000 range.

Because it’s twice the starting price of the Model 3, the iX is even closer to a Model X.

The automaker is believing that the electric SUV can be powered by two electric motors with 379 kilowatts and 500 horsepower power capacity. Therefore resulting in 0 to 100 kilometers an hour. Under 62 miles per hour acceleration through 5.0 seconds.

BMW is trying to follow suit to Tesla by having their market cater towards higher-end prices. This is also considering the inclusion of next-generation electric vehicles. There is still hope, even if the BMW brand is going to ultimately start catering to deeper pockets. At least that’s what one would believe. It’s good for them that they’re pushing for excellence though the very concept of excellence should be heard out not spelt out.