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BMW i3 EV will cost from £30,680 – less than we expected

The new BMW i3 EV (teased above) will costs from £30k The new BMW i3 electric City Car is due to be revealed in production guise on 29th July, ahead of which BMW has revealed it will cost from £30,680 – meaning a showroom sticker price of £25,680 after the EV taxpayer ‘grant’. That price is for the pure EV i3 – not the range-extender – which comes with a rear mounted 168bhp electric motor, a top speed of 93mph and a range (in ideal conditions) of around 80 miles between charges. At a retail price of £25k, the i3 compares favourably with other EVs like the Nissan LEAF, which costs from £21k, and the Chevy Volt at £30k (although that is a range extender).

Brazil plant for Jaguar Land Rover

JAGUAR LAND ROVER (JLR) is to become the first UK car-maker to open a manufacturing facility in Brazil. JLR is investing £240 million in the initiative, which will see the development of a plant that will produce up to 24,000 vehicles a year. The factory, based in the city of Itatiaia, will initially employ 400 people, with the first vehicles due to come off the assembly line in 2016.

GM to build Cadillacs outside the U.S.

General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.