Canadian pricing for BMW 330e hybrid announced, qualifying for iZEV rebate

BMW 330e

BMW has officially announced Canadian pricing for its upcoming 330e and 330e xDrive plug-in hybrids, and it just squeezes below the threshold to qualify for the federal iZEV incentive.

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The 330e will come two variants, with the base rear-wheel-drive (RWD) version, priced at $44,950, $50 below the threshold to qualify. The premium xDrive (AWD) version will also qualify for the rebate as it has an MSRP of $54,000.

BMW appears to be following Tesla’s lead, as it created a new software-limited 150km Standard Range Model 3 priced at $44,990 in order for the 386km (now 402km) Standard Range Plus to qualify for the $5,000 rebate.

Purchasers of either BMW 330e variant will only receive a $2,500 rebate due to it being a shorter-range plug-in hybrid. Fully electric vehicles like the Tesla Model 3 qualify for the full $5,000 rebate.

The 330e can travel just 35km using its electric engine (32km for the xDrive). It can reach 96km/h in 5.6 seconds thanks to “XtraBoost”, which gives the car an extra 40hp for up to 10 seconds.

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The BMW 330e and 330e xDrive will be available at Canadian dealerships in May.

Source: BMW

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