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

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.

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.

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

Source: BMW

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