BMW Australia has cut the price of its iX3 electric mid-sized SUV by $10,000, following a price rise on most of its other models this week.

    The BMW iX3 now costs $104,900 before on-road costs, making it $5500 cheaper than the related X3 xDrive30e plug-in hybrid (PHEV).

    The price cut pulls the iX3 closer to its recently introduced iX1 smaller electric sibling, which retails for $82,900 plus on-road costs in either xLine and M Sport trim levels.

    This iX3 cut follows Tesla’s recent decision to reduce the price of its top-selling Model Y SUV earlier this month, by up to $3400. The Performance now costs $94,900. Another competitor around this price point is the faster but less upmarket Kia EV6 GT at an expected $99,950.

    In Australia the BMW iX3 is only available in one spec grade. Power comes from a single-motor electric drivetrain featuring a 210kW/400Nm e-motor on the rear axle fed by an 80kWh lithium-ion battery pack.

    The iX3 has a claimed range of 460km according to the stricter WLTP test cycle. It can be DC fast-charged at up to 150kW, and AC charged at up to 11kW.

    It’s worth noting the BMW iX3, Tesla Model 3, and Tesla Model Y are all made in China, which is now the fourth-largest vehicle import source for Australia according to the latest VFACTS industry sales data.

    In fact the five top-selling electric vehicle (EVs) here in 2022 were all sourced from China.

    The iX3 was the 10th top-seller in Australia last year with 593 examples sold.

    It was outsold by the Tesla Model 3 (10,877 sales), Model Y (8171), BYD Atto 3 (2113), Polestar 2 (1524), MG ZS EV (1119), Hyundai Kona Electric (1096), Volvo XC40 Recharge (983), Hyundai Ioniq 5 (756), and Mercedes-Benz EQA (624).

    BMW Australia’s EV range currently comprises the iX1, iX3 and iX SUVs, and the i4 and i7 passenger cars.

    MORE: Everything BMW X3

    Jack Quick

    Jack Quick is an automotive journalist based in Melbourne. Jack studied journalism and photography at Deakin University in Burwood, and previously represented the university in dance nationally. In his spare time, he loves to pump Charli XCX and play a bit of Grand Theft Auto. He’s also the proud owner of a blue, manual 2020 Suzuki Jimny.

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