BMW to Lease All-Electric Minis in U.S.

10/27/2008
SustainableBusiness.com News

BMW (BMW.DE) announced it will begin leasing its all-electric version of the Mini Cooper in the United States next year--but only 500, and only in California, New Jersey and New York. 

Nonetheless, it is an important step in bringing electric vehicles to U.S. roads, and the all-electric mini sounds promising as a commuter vehicle. 

BMW says its lithium-ion battery has a range of 150 miles, and the vehicle has a top speed of 95 miles per hour. The car is designed to be recharged overnight on a standard wall outlet--or quick-charged (2.5 hours) on a special charger to be installed in the garages of lease owners. 

The drawbacks include limited interior room--what was the back seat, is now the battery compartment--and a hefty lease price of $850 month.

Read the Associate Press coverage.