BMW Shocked by Demand For Its New Electric Car - "Can't Keep Up"

BMW Shocked by Demand For Its New Electric Car – “Can’t Keep Up”

BMW says it’s new EV is in so much demand that they had they’re shocked. They’re literally just going, “Uh, hang on a minute. We told the world the future was hydrogen. Maybe maybe we actually made a product that’s good and now people want it. Maybe the problem wasn’t the fact that people wanted hydrogen. Maybe it was that we had never made a really good EV before. And now we’ve done it. We can’t believe the demand we’ve got. BMW admits it was caught unaware by the overwhelming reaction from buyers. And guys, I made a video on this new car and I said the same thing. I think it’s actually really good. It’s not cheap though. in Germany. BMW M well they officially unveiled their new EX-3 at last month’s Munich Auto Show and customers think this thing is really good. It’s not just me now. I haven’t actually test driven it, but based on the specs, the looks, the numbers, the details, the the ingredients in this car, looks pretty good. They said we’ve received 3,000 orders in the first 6 weeks after its launch in Munich. BMW said those are really good numbers. They’re not. I mean, 3,000 orders is people in car companies in China when they saw this news release must have just been laughing laughing their heads off just going, “What? What are you talking about?” Now, the truth is, um, you might say 3,000 orders sounds modest, but this is just from Germany. This is not from markets outside of Germany. And I’m sure they get plenty of orders outside of Germany as well. Germany’s car market, they sell around 2.8 million cars a year. China sells around 32 million. So yeah, I mean it’s pretty damn small. It’s less than 10% of the size of China’s car market. So the response is this is the most pre-orders that BMW have ever gotten in Germany for any for any car that I know of. I looked this up and I can’t find any other German car that’s gotten this many orders before it even goes on sale. Speaking of going on sale, it’s it’s it’s quite expensive in Germany. The 2026 EX-3 starting price is $69,000. That’s $80,600, but basically $81,000 or about $122,000 Australian. Though there will be a lower price variant coming at some point next year. It’s going to be closer to the $60,000 mark. That’s $70,000. So it’s about $110,000 Australian. Unfortunately, for BMW, that means it won’t qualify for these new EV incentives coming in Germany. €4,000 incentives. For for it to qualify, it would have to have a starting price of less than €45,000. And there’s not a lot of EVs or even to be honest, not a lot of cars in Germany that start below that price. One version is only going to be available at launch. It’s called the EX- 350X drive and it has two electric motors. Combined power is pretty good. 463 horsepower and 476 lb feet. So 463 horsepower and 645 new m of torque. 0 to 96 km an hour, which is 60 mph is 4.7 seconds. 0100, you know, about 5 seconds to be honest. It’s not really made for performance. It’s a, you know, performance is good, but it’s certainly not the angle. BMW going for range. It has 400 miles of range. That’s 644 km. That’s the EPA cycle. Yeah. WLTP 805 kilometers of range. So, real world range you’re actually going to get achievable in pretty much any driving scenario is 400 miles or 644 km. Uh range you’d get in the ideal scenario, stop, start, city traffic, etc. would be about 800 km. It’s got a big battery though. That’s part of the reason. It’s got a 108 kWh battery and pretty good charging speed. I believe the charging speed is theoretically around 400 kW. 10 to 80% takes 21 minutes. So, doesn’t sound all that fast to be honest in comparison to say Zika’s new 7X which does the same 10 to 80% on a similar size battery pack in 10 minutes or the Zika 001 which does it in 7 minutes. But anyway, it’s still good for a German car. Yeah. So, why is it getting that kind of range? Well, part of the reason is because it uses new cylindrical cells. They’re very similar in size. are a bit bigger than Tesla’s 4680 cylindrical cells and they have quite high energy density. I think it’s slightly higher than Tesla’s 4680s. Guys, I use Powers Shop my electricity to charge my EV for free between 12 and 2:00 during the day. I’ll put a link in the description. If you sign up with them, you get $170 discount to sign up. Also, my solar and batteries. I’ve got a 50 kWh battery here and I’ve got a big solar array. So, I pay 0 for electricity. That’s including charging my electric car. Reync Solar is the company that I used. I’ll put a link to them in the description below. So, BMW are saying based on their plant production rate, they will not be able to meet demand. they will just I don’t know have to maybe build another production line or something like that. The next model in in the new new class lineup from BMW it will be the i3 and I’m going to guess it’s going to be have similar technology to the BMW i3. I think if it does it’s going to sell quite well. If you look at BM some of BMW’s existing EVs, I mean, I’ve seen them some of them discounted by as much as $60,000. Um, you sort of think to yourself, well, $60,000 discount. This could should I consider buying one of I know a lot of people have. They thought, should I consider buying one of these new EVs? $60,000. This is a great deal. Must be. They go and look up the specs. They they look at the charging speed, the range, the battery size, uh power, everything else, and wa this is not worth. It’s not worth it even with a $60,000 discount. But I think this car changes that. It’s actually a really good car and therefore people are ordering it. I don’t think BMW is going to have any trouble selling electric cars next year as long as they aren’t too expensive. That’s the only caveat here. It’s the only reason why, to be honest, German brands are sort of struggling in China. Um, because their cars are just considered to be too expensive for what you get. The brand doesn’t have the same cache that it used to in the past. Thanks for watching.

BMW Shocked by Demand For Its New Electric Car – “Can’t Keep Up”

BMW is overwhelmed by the unexpected surge in demand for its newest electric model, as pre-orders flood in faster than production can handle. The automaker admits it’s struggling to keep up, signaling a major shift in consumer appetite toward premium EVs.

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