BMW announces electric SUV to compete with Tesla; Planned to launch in early 2022

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Photo Courtesy: BMW

BMW AG on Wednesday announced a fully battery-powered sport utility vehicle (SUV), christened as the ‘BMW iX’. The vehicle will go on sale in the United States tentatively in early 2022 and will challenge the likes of Tesla Model X and other similar segment cars.

The BMW said that the iX SUV will have a driving range of 300 miles (nearly 480 km) which is less in comparison to the estimated driving range of the Tesla Model X (371 miles). The German automaker claims that drivers would be able to add nearly 75 miles of range in ten minutes at a fast-charging station.

The iX would be similar in size to the current BMW X5 SUV, BMW said. The dashboard will be a sweeping and curved screen. The electric iX will enter a fast-growing field of battery-powered SUVs aimed at wealthy customers.

Tesla’s Model X already has competition with Nio NIO.N, a Chinese startup, and General Motors Co’s GM.N Cadillac brand recently launched a mid-size electric SUV called the Lyriq, expected to launch tentatively in the year 2022. Volkswagen AG VOWG_p.DE and Daimler AG’s DAIGn.DE Mercedes-Benz have electric premium models in the works.

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