BMW today, announced their all-new, all-electric i3 model for 2014.

The company’s first EV produces 170 hp and 184 lb-ft of torque from its electric motor, launching it from 0-60 mph in about 7 seconds. Not exactly on par with their gasoline models, but pretty typical for an electric vehicle. The new i3 charges completely in about 3 hours and can range about 80-100 miles per charge. If that gives you range-anxiety, you might consider the optional 34-horsepower, 650cc engine which doubles the range and creates something akin to a German Chevy Volt.

The i3 is due this fall and will be priced at $41,350 (or $45,200 with range extender).

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