BMW's U.S. sales arm has a list of 65,000
people interested in the company's new i3 and i8 plug-in models, about
six times the number for a similar launch in the past, the company's
North American marketing chief says.
"Based
on the interest, we have higher demand than we have supply coming in,"
Trudy Hardy,
vice president of marketing for BMW North America told The Wall
Street Journal. BMW hasn't said how many i3 or i8 cars it plans to ship
to the U.S. this year from its factory in Leipzig, Germany.
The
German luxury car maker is launching two plug-in models in the U.S.
this year under the "BMWi" brand, an umbrella that is likely to include
more models in the future. The i3, starting at $41,350, is a compact,
plug-in car designed for urban commuting. The first cars are expected in
U.S. showrooms by the second quarter.
The
i8, priced at over $100,000 is a low-volume exotic sports car. Both
cars are constructed largely from lightweight carbon fiber materials.
The i3 is offered as either an all-electric or hybrid. The i8 has both
internal combustion and electric motors and is expected to arrive in the
U.S. later in the year.
Both BMWi
models are aimed in part at fulfilling regulatory demands for plug-in
cars in key BMW markets such as California and New York. They have the
additional task of countering the appeal of
Tesla Motors Inc.
TSLA +5.38%
's electric luxury cars to affluent consumers.
BMW is promoting the i3 and i8 in a series of television advertisements during broadcasts of the Winter Olympics. Those ads are designed to use the plug-ins to enhance the image of the BMW brand as a whole, Ms. Hardy said.
"I'm a huge fan of halo advertising…and what the i3 and i8 can do for our brand," she said.
However,
BMW is using other means to more precisely target potential i3 and i8
buyers, including encouraging BMW dealers around the country to stage
test-drive events this spring, she said. BMW has a fleet of about 100 i3
cars that it will send on tour from now through April, she said.
Doubts about how far electric cars can travel on a charge are still the number-one obstacle to sales, Ms. Hardy said.
Tesla
has attacked this range anxiety by offering cars with battery packs
capable of traveling up to 265 miles on a charge, and a growing network
of charging stations that are free for Tesla owners.
BMW
is taking a different approach. It has developed a smartphone app that
helps potential electric-vehicle buyers to evaluate whether their
lifestyles are right for a battery-electric car such as the i3, which
has an estimated range of 80 to 100 miles per charge.
For
those who travel too much in a day, BMW will offering an optional range
extender—a small gasoline engine. The price of an i3 will also include
occasional access to gasoline-powered BMW models as part of the package.
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