BMW has provided new details regarding the 2027 i3 50 xDrive, an all-electric four-door sedan that serves as a reimagining of the company's original i3 model. The vehicle is built on BMW’s new Neue Klasse platform, which the company intends to use as the foundation for its future electric vehicle lineup.

According to the manufacturer, the base model will start at $61,500, excluding a $1,350 destination fee. This pricing strategy places the new i3 in direct competition with luxury vehicles such as the Mercedes-Benz C-Class. While previous announcements regarding the vehicle were sparse, the company is now clarifying specifications, including a projected range of up to 468 miles.

This update follows earlier speculation from industry analysts who had estimated a starting price in the $60,000 range. The release marks a significant step in BMW's transition toward electrification, as the Neue Klasse architecture is designed to support higher efficiency and performance metrics compared to the brand's current EV offerings. While the company has begun to disclose these core figures, specific details regarding battery capacity and the exact launch timeline for the 2027 model year remain limited. The move reflects a broader industry trend of legacy automakers pivoting their flagship product lines toward high-range, premium-priced electric sedans to maintain market share against dedicated EV manufacturers.