BMW’s i3 electric car will cost GBP25,680 after a government subsidy of GBP5,000 is deducted, BMW UK announced. The automaker will also lease the car from GBP369 a month with a GBP2,995 down payment.

Nissan’s Leaf starts at GBP20,990 after the GBP5,000 subsidy but a ‘battery lease’ option reduces this to GBP15,990 with battery costs adding GBP70-129 a month depending on annual mileage and term.

BMW’s global sales and marketing chief Ian Robertson said: “With this leading-edge vehicle and compelling price, we will provide customers with an attractive offer for electromobility.”

These prices are for the all-electric version. Pricingof a range extender model with 650cc two-cylinder petrol engine to maintain the battery charge and extend the range to about 180 miles on a tank of fuel, will be announced later.

The i3 will be sold through multiple channels including regular dealers, a ‘customer interaction center’ (CIC) and online platform.

The cars comes standard in the UK with AC fast charging where a 7.4Kw systems recharges the battery from zero to 80% within three hours using an optional wallbox installed at the customer’s home. ‘Green’ power options will be offered for ’emission-free’ home charging.

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AC fast charging is also the most widespread public charging option in the UK.

Occasional charging can also be performed using a pre-supplied cable, fitting a standard household socket at 3.7Kw which takes eight to 10 hours. A third option, DC fast charging, provides an 80% charge in 30 minutes to an hour. It uses a 50Kw connection to do this and is the best option for public locations where quick short charges are required.