BMW introduces new 7 Series with an all-electric model

On Wednesday, BMW started pre-sales of the seventh generation of the BMW 7 Series, which is featuring an all-electric luxury sedan for the first time as well as hybrid and internal combustion engine (ICE) models.

All three versions will be assembled on the same production line in the automaker’s plant, with the first deliveries globally to take place from November 2022.

The i7 electric vehicle (EV), a rival to Mercedes’ electric EQS, is set to start at $119,300 in the United States and 135,900 euros ($147,518) in Europe.

CEO Oliver Zipse believes that demand for the ICE model would be higher in the United States because there is less stringent regulation of carbon emissions compared to Europe.

All cars will be geared up with Level 3 autonomous driving capabilities, but the automaker is waiting for permission from regulators to allow the feature which may take around 1-1/2 years in Europe.