Why BMW’s First Electric Cars Are Future Classics
Many things still feel contemporary about the BMW i3 and i8.
Related articles
In 2008, BMW committed to a multi-billion euro plot. It would retool its Leipzig plant to assemble two of the most environmentally-conscious cars ever designed, with carbon fibre passenger cells holding electric, plug-in hybrid, and gas-powered range extender drivetrains. Not until 2013 did they begin production. You could say they were a decade ahead of their time, but we’re still not ready for cars as daring as the i3 and i8.
Years before cries that EVs are too heavy and that plug-in hybrids offer a better compromise for the average car buyer, BMW poured resources into making an EV without the typical downsides of a battery electric vehicle. The idea was to make an electric car that didn’t require a gigantic battery pack, one that wasn’t perilously heavy. To do so, BMW would make the i3 into the world’s first mass-produced car made out of carbon fibre. This was no small feat.
The earliest uses of carbon fibre in cars go back to British race cars from the 1960s, and the first complete chassis to be made out of carbon fiber dates to the early 1980s. It wasn’t until the ’90s that we saw a carbon fibre chassis in a production road car, and that was with the Bugatti EB110, which cost around 3.2 million and required outsourcing the carbon work to the rocket division of French aerospace company Aerospatiale. Even in 2008, BMW’s plans for what it ultimately called the i cars really were at the leading edge.
The first of these to make production was the i3, a hatchback city car that would look at home parked in front of the Guggenheim in Bilbao. Big windows gave great visibility, and while the car was too short for four full doors, BMW squeezed suicide doors behind the fronts. With both opened up, the i3 was outstandingly bright and airy. The light interior, seats finished in wool and the dash finished with eucalyptus, certainly helped. BMW also used a plant called kenaf in the interior trim; it’s a natural fibre similar to jute. Kenaf had been used as a backing material underneath a synthetic coating. With the i3, BMW put it up front, lighter and more sustainable.
BMW even sourced its carbon fibre from Washington State, where the factory could rely 100% on local hydropower. The company was using technical solutions to make a more sustainable new car.
Its styling was daring, as was how BMW put the i3 together. BMW effectively split the car in two. All of the car’s essential systems – battery, motor, suspension, crash structures, and the optional range extender – were carried on an aluminum skateboard called the “Drive module.” The “Life module” that housed the interior and framed the body panels was what was made out of carbon. The top and bottom halves were glued together, or “chemically bonded” if you want that to sound less scary.
BMW did successfully make the car pretty light for what it was, coming in between 1200 and 1300 kilograms depending on the trim. A Nissan Leaf weighed hundreds of kilograms more, a Chevrolet Volt nearly 400 kilos more.
Sticking to low-weight principles meant that the i3 was never going to have a huge battery, and the biggest available pack was still only 42.2 kWh. The EPA rated it at 246 kilometres of range. The “REX” range extender boosted that figure to 320 kilometres, with a two-cylinder engine from BMW’s motorcycle division shoehorned under the trunk. For all of BMW’s investment in the i3, these weren’t earth-shattering numbers.
All of its innovation was costly, and BMW’s city car ended up relatively expensive. It started at €34,950 in Germany, $61.300 AUD. That went up to $67,000 for the Range Extender model. The most expensive versions of the i3 topped out at nearly $89,000.
(Rather curiously, all range-extended BMW i3s have 10.9 litre petrol tanks. In the U.S., however, to legally qualify as a range-extended electric vehicle, the i3 could not have more range available from its internal combustion setup than its pure battery. At that point, the government would have classified the i3 as a plug-in hybrid, not unlike the Chevy Volt. As such, all range-extended i3s initially sold in America were restricted by software alone to use just 8.6 letters of that 10.9 litre tank. Only in 2017 when BMW introduced a longer-range battery could BMW digitally unlock the full 10 litres.)
Its high price meant the i3 asked a lot of compromises of a luxury car buyer just to have the most environmentally-friendly vehicle possible. A regular 3 Series cost about the same and was much easier to live with, unless you were regularly parking on dense urban streets. Most Americans don’t.
If anything, the rather practical i3 was too good at its job. All the money that BMW had invested in its technical innovations cost it its chance to make a dent in the car market.
That would have been fine if BMW continued to roll its high development costs into future models, perpetually bringing down its own prices, but BMW wasn’t interested in keeping its i thing going. Chief executive Norbert Reithofer stepped down early in 2015 and BMW canceled the car in 2022 with no second generation. The company has gone back to completely conventional ICE, hybrid, plug-in hybrid, and EV options. All of its EVs share their platforms with gas-burning equivalents, saving costs in development and on the showroom floor. They sell better than the i3 ever did.
The only follow-up BMW did to the i3 was the dramatic i8, with butterfly doors opening up into a low slung cabin, flying buttresses directing air around its mid-mounted three-cylinder turbo engine. A dedicated PHEV, the i3’s engine did actually drive the rear wheels, and an electric motor drove the fronts. What shattered the illusion was that the front motor only made 97.6 kilowatts and the rear engine only 131. It might have looked like a supercar, but it didn’t drive like one. Like the i3, its carbon construction set it apart from its contemporaries, but also made it much more expensive than they ever were. In the U.S., the i8 started at a hair under $136,000 (AUD 200,000), which was a big ask for a car with three cylinders.
Following the same troubles as the i3, the i8 looked like one thing but was priced like another. It went on sale in 2014, not far behind the i3, and soldiered on through 2020, dying without a successor. An open-topped Roadster came in 2018 but didn’t change the car’s fate. Americans bought a grand total of 6,776 i8s through its entire production run. We buy that many Porsche 911s in a single year. Sometimes twice as many.
Taken at face value, the i8 is still a remarkable machine. A Porsche might be better on track, but the i8 is a dream realized in production form. It looks like nothing else on the road, even now.
And there is something that still feels contemporary about the i3. Its focus on low weight and low-impact manufacturing remains honorable. The electric car vision does us little good if it only reproduces the same more-is-more excess of internal combustion that clogs our roads with oversized vehicles.
As we now watch Tesla Cybertrucks lumber down the road at over 3,129 kilograms, GMC Hummer EVs pounding the pavement at over 4350 kilograms, BMW’s post-Recession vision is as relevant as ever.
Subscribe to the Newsletter
Recommended for you
This New Line of Megayachts Brings Modern, Loft-Style Living to the High Seas
Benetti’s first B.Loft model spans an impressive 213 feet
October 10, 2024
This New 111-Foot Hybrid Catamaran Is Topped With a Glass Hot Tub
The new flagship of the Ultima range is green, zippy, and just the right amount of glitzy.
September 30, 2024
You may also like.
You may also like.
How the Most Rare and Valuable Watches Are Traded Among Elite Collectors
Some of the world’s most interesting watches spend decades being traded privately before we learn about them.
Before social media became the lingua franca of the watch world, there were forums. And on those forums, collectors—especially collectors of vintage Rolex—often traded timepieces amongst each other.
The advent of Instagram in the early 2010s, coupled with the explosion in interest in vintage timepieces, drew attention to this corner of the watch world, and with that attention came increased competition for the finest examples. In the case of six- and seven-figure watches, high-end dealers, like James Lamdin, founder and vice president of vintage and pre-owned watches at Analog:Shift, became trusted intermediaries, negotiating sales for pieces not once or twice but often multiple times as they made the rounds of the collector community.
“There are watches out there that may not be massively rare by reference, but are by example,” Lamdin tells Robb Report. “Tropical patina, ghosted bezel, or celebrity provenance—it’s that watch. When those watches go into a collection, usually it’s with the implicit understanding that they’re valuable and people will want them from you and will make you a profit when you sell them.”
The best dealers have built relationships with collectors around the world and often have first right of refusal when those pieces come back to market. But even still, the most coveted models can still slip through their fingers.
Eric Wind, of Wind Vintage in Palm Beach, Fla., has lost and found some of the world’s most storied watches. In 2015, when he was vice president, senior specialist at Christie’s in New York, Wind came across a “super rare” 1957 Audemars Piguet Ref. 5516 perpetual calendar that had languished in rural Florida until the nephew of the original owner consigned it to Christie’s. The first perpetual calendar wristwatch to feature a leap-year indicator, the piece was one of just nine made by Audemars Piguet in the 1950s. Wind considers it “the one in the best condition.”
He showed it to one of Christie’s better-known clients, Patrick Getreid, owner of the OAK Collection, who purchased it in 2015 for $545,000. In 2023, Getreid consigned it to Christie’s in Hong Kong. That’s when Wind decided to give the piece another shot.
“I had registered to bid on it but at the last minute, I got cold feet,” Wind continues. “It was starting kind of high compared with what Getreide had paid for it. I was bidding remotely from Florida, but when no one else is bidding, you’re kind of wondering if you’re a genius or a fool. Is there something everyone else knows that I don’t? The question was about market value. The watch ended up passing and I purchased it via private sale—or private treaty, as it’s known—after the sale. I had two clients who really wanted it. I offered it to both, but one was more ready to pull the trigger and he got it. It never saw the light of day.” That Audemars Piguet perpetual calendar, Wind says, “remains one of my top five watches on the planet.”
As he reflected on the piece’s winding journey, Wind considered his own role in its comings and goings. “It was fun to be part of the lifecycle of that watch, from when it was discovered in rural Florida and consigned to Christie’s, and then sold to a great collector, who sold it again,” he says. “I imagine it will come back to me at some point. I don’t know if it will be two years from now or 40 years.”
Another grail watch that Wind helped shepherd to a client was an exceptional Paul Newman Rolex Daytona Panda reference 2623 with a full set and a tropical dial that was sold by a small Swedish auction house just under a decade ago. “Another dealer got it,” Wind explains. “I was still at Christie’s, and I fell in love with the watch. This dealer who had it for a year then sold it to an Italian dealer, who then sold it to a collector in Asia. I was tracking the watch on Instagram and saw the collector post it. By that time, I had become a dealer.
“I made an offer to the collector to purchase it on behalf of my client,” he adds. “It had been owned by a Swedish boat captain and had been given to him by the family he worked for, the equivalent of the Rockefellers in Sweden. We had to arrange shipment to the U.S. by Malca-Amit armored transport. Whenever these high-value watches move around, you have to deal with armored shipments, customs, proper transportation, and a lot of paperwork. It takes some time but it’s well worth it.”
Both the AP perpetual calendar and Daytona were original and unpolished—“the kind of watches I look for,” Wind says. “It’s funny how watches circle around. Within the high-end watch world, we’re not talking about thousands and thousands of watches. We’re talking about a relatively small amount of great watches.”
Eric Ku, a high-end vintage dealer in Northern California, certainly knows the drill.
About 15 years ago, he was offered a first-of-its-kind 1996 Rolex Cosmograph Daytona “Rainbow” reference 16599 in white gold on a leather strap.
“I’ve been hunting jeweled Rolexes for a really long time, before it was a cool thing,” Ku, cofounder of the online auction site Loupe This, says. “The watch first surfaced to me around 15 years ago. It was offered to me by a dealer in the Middle East and was coming from, allegedly, a member of a royal family. At the time, the pricing was completely different than it is today. After going back and forth, I offered $130,500 and the seller wanted $136,462. I lost the watch. I was gutted. I’d been stalking the watch. But at the time, relative to the market, it didn’t make sense for me. It was a really tough time, might have been around the financial crisis. I felt confident it would come back to me, but it didn’t.
“Then, in 2012, Rolex introduced its new rainbow Daytona,” Ku says. “I had no doubt about the authenticity of the watch I’d lost out on, but seeing the new rainbow Daytona completely validated me and erased any scintilla of a doubt that I had about the watch. Fast forward a couple years: The watch was offered to me again privately, by a different person in the Middle East at a significant multiple of the original offering—let’s say in the mid six-figures. I bought it.”
In 2017, Ku sold the watch to an important collector based overseas, “a person of very high taste and connoisseurship who appreciated the rarity of that watch,” he says. The collector, by Ku’s reckoning, also appreciated the story of its journey. “Dealers and old collectors always like trading war stories,” he says. “What’s the one thing that got away and then it came back? The collector got sold on the story.”
Now, the watch is coming back to market on Nov. 8 at Phillips Geneva, where it’s being offered in a sale dedicated to neo-vintage timepieces (Reloaded: The Rebirth of Mechanical Watchmaking 1980-1999) and is estimated to fetch in excess of $5.93 million.
“It’s probably the sexiest watch of the season,” Ku says.
You may also like.
Champagne Bollinger Just Released a Limited-Edition, James Bond–Inspired Bubbly
The Champagne Bollinger 007 Goldfinger Limited Edition comes with its own carrying case and glasses.
When it comes to drinks, James Bond may be best associated with a martini—shaken, not stirred, of course. But the secret agent has been known to enjoy a glass or two of bubbly as well.
Champagne Bollinger has long been the Champagne of choice for Bond, and now the house is honouring that relationship with a special-edition bottle that commemorates the 60th anniversary of Goldfinger.
Whether you’re a Bond fan or a Champagne connoisseur, the $5,950 Champagne Bollinger 007 Goldfinger Limited Edition package is meant to appeal to both sensibilities.
The star of the show is the Champagne, of course: Here, Champagne Bollinger is offering a 2007 vintage Magnum, made from hand-picked grapes and aged 17 years in the house’s cellars. Spicy aromas on the nose are contrasted with notes of fruit, brioche, and honey. The Champagne has been packaged in a bespoke Globe-Trotter Air Cabin Case and comes with four Champagne Bollinger 007 glasses in which to enjoy the bubbly. Limited to just 200 individually numbered pieces, it’s a true collector’s item.
Champagne Bollinger has enjoyed a lengthy relationship with the James Bond franchise, dating back to when Roger Moore popped the first bottle in 1973’s Live and Let Die. Since then, the two have become almost inseparable, and Champagne Bollinger is proudly being served at the very first official James Bond bar, which just opened in London. If you can’t snag the limited-edition set for yourself, you can at least imbibe in a glass of the good stuff at the 007 at Burlington Arcade.
That bar and the special Champagne Bollinger package are all part of the festivities celebrating 1964’s Goldfinger. The film and Bond’s ensuing legacy have established him as one of the biggest (fictional) names in the luxury world, with his love of expensive watches, fast cars, and fine spirits.
While it’s unlikely that many of us can channel the special agent when it comes to his escapades and hijinks, we should delight in the fact that we can embrace our inner Bond by sidling up to the 007 bar or throwing back a glass of the Champagne Bollinger 007 Goldfinger Limited Edition. It’s exactly how our favorite M16 agent would want us to honour him.
You may also like.
Golden Touch
Discretion is the better part of glamour at the glittering Maybourne Beverly Hills.
Los Angeles does not want for star wattage, but for years now, the city’s hotel scene has been a little lacklustre. So news that the beloved Montage hotel has been completely redone under the Maybourne brand (the British powerhouse that operates Claridge’s, The Connaught, and Berkeley Hotels in London, and the recently opened Maybourne Riviera on the Côte d’Azur) should come as a boon to Australians looking for a new Tinseltown bolthole.
Situated within Beverly Hills’ famous Golden Triangle, just north of Wilshire Boulevard and Four Season’s Beverly Wilshire, and one block from the world-renowned luxury retailers, restaurants and celeb-spotting of Rodeo Drive, The Maybourne Beverly Hills offers a chic retreat from the designer flexing at its doorstep; a rare escape in the heart of this storied enclave that flies under the radar like a cap-wearing celeb dodging the paparazzi.
Set amid the manicured, Mediterranean-style Beverly Cañon Gardens plaza, which unfolds from the hotel’s west entrance, the new incarnation of Montage Beverly Hills (55 suites and 20 private residences, each with a balcony or patio with a courtyard or city view) still evokes the grand estates of Old Hollywood while feeling like you’re in a European mainstay.
Revealing a restrained new guestroom and suite design by Bryan O’Sullivan, a blue-chip art collection and some of the most solicitous staff in town, the Maybourne speaks in a laid-back Californian accent but still holds true to the luxury touchpoints of five-star service for which one of the world’s most exclusive neighbourhoods—and hotel brands—is known.
“It’s reassuringly British when it comes to service—it’s a culture of yes,” says Linden Pride, the Australian restaurant and bar owner behind the award-winning Caffe Dante in New York and Bobbie’s, the new speakeasy opening this month below Neil Perry’s new Song Bird restaurant in Sydney’s Double Bay (page 40). Pride should know; he lived at the Maybourne for almost a year while he and his partner, Nathalie Hudson, set up Dante, the stunning new restaurant and bar on the hotel’s ninth-floor rooftop. “Looking out from the roof onto lemon and olive trees, it’s easy to forget that you’re in Southern California, not Europe.”
Opened last year, Dante has quickly become one of the hottest reservations in town, luring in celebrities from Baz Luhrmann and Catherine Martin to the entire Real Madrid soccer team. Like its sister outposts in New York (besides the Greenwich Village original, a West Village location opened in 2020), the focus here is on non-threatening antipasti and aperitivi in a produce-driven menu of fresh familiar stalwarts, with the addition of wood-fired dishes from a giant pizza oven at the heart of the room. Just as it does in New York, a negroni cart does the rounds, and each afternoon is welcomed with a martini happy hour.
It’s all fittingly Cali-chill. The only drama in the place is a striking ceiling fresco by Los Angeles artist Abel Macias, which dominates the 146-seat room. “Nathalie and I had just been to Europe when we decided to open up here,” Pride recalls, “and the Sistine Chapel blew us away. When we saw the domed ceiling in this room it was a no-brainer.”
Dante joins a string of newcomers in the area, including New York transplants Café Boulud, Marea and Cipriani. Don’t look now, but with arrivals like the Maybourne and Dante, one of the world’s stuffiest cities—yes, Beverly Hills is its own 14.8 km² metropolis—might just be entering a new golden age.
You may also like.
Hibiki 40 Year Old Resets the Bar for One of Whisky’s Most Exalted Names
The legendary blender reasserts itself in the industry’s uppermost pantheon with its oldest and rarest blended release ever.
Over the last decade, whiskies from Suntory’s famed Hibiki stable have gone from a top-shelf staple to the new byword for luxury in the increasingly rarefied world of Japanese whisky. As stocks of its famed age statement blends drew ever lower, the air of exclusivity around the distillery grew and grew – something that has stuck around even as the brand’s new flagship blend, Harmony, became more readily available once more.
It’s becoming clearer, however, that Hibiki still has a few exceptional tricks up its sleeves. Twenty-one and 30-year-old age statement whiskies have released in the past few years to critical acclaim, confirming that Suntory still has some particularly rarefied output yet to unveil. Now, in the brand’s boldest move yet, a 40-year-old blend is set to hit the market in extremely limited quantities, taking Hibiki’s already lofty benchmarks of rarity and lineage to new heights.
As with Hibiki’s other blends, Suntory’s Chief Blender, Shinji Fukuyo, has spent years perfecting a blend that brings some of Japan’s oldest and finest spirits into perfect harmony – achieving a smoothness and complexity that takes the brand’s hallmark qualities to a new plane. Single malts from Yamazaki, Hakushu, and Chita all feature, having been individually aged for four decades to form a true expression of the place they were made, before making their way into the final blend.
Truly a multi-generational blend, Hibiki 40 Year Old is designed not just as an expression of the skills and expertise passed down through generations of individual distillers, but that of Fukuyo’s forebears, legendary Suntory blenders Shingo and Shinjiro Torii.
The result is a final liquid rich with sweet fresh fruit, light citrus zest, and spice, supported by a luxurious undercurrent of acacia honey and dried fruit. Each crystal bottle is adorned with a mother-of-pearl inlay and decorated with a handcrafted label from Japanese washi artist Eriko Horiki.
While age statement single malts in the four- and five-decade category have become increasingly the vogue in recent years, never before has a blended whisky been attempted with such old stock—a unique challenge for its maker.
“Behind the elegance and bloom that is typical of Hibiki, there is a sense of subduedness,
like that of an old temple, and a wabi-sabi patina due to the long aging process,” says Fukuyo. “I would like people to enjoy the pure and pure aroma that has been sharpened over the years; the tranquility of old temples and storehouses and the nostalgic warm feeling that accompanies them.”
Limited to just 400 bottles, Hibiki 40 Year Old will release on October 4th, with bottles retailing at $75,000.
Australian fans of the brand will have the unique opportunity to immerse themselves in the Hibiki 40 Year Old experience, including a taste of the exalted liquid, at an exclusive event at Clare Smyth’s Oncore on October 24th, 2025. Tickets are available for $1,800 per person.
You may also like.
White Lotus-ing? How Hit Films and TV Shows Are Inspiring Elite Travelers to ‘Set-Jet’ Across the Globe
It’s not just The White Lotus. Prestige TV and blockbuster films set in far-flung destinations are driving bookings like never before.
“As seen on TV” may have lowbrow connotations, but the recent glut of award-winning shows and films set in alluring, far-flung locations is causing an unprecedented run on the world’s best hotels. Call it set-jetting: planning your vacation around a destination featured in a popular series or movie. And while romantic suites and beloved characters have gotten people on planes since the golden age of film, what has changed is how central beautiful venues have become to plots.
“The way that The White Lotus used the destination to tell the story was really unique,” says Misty Belles, an executive at the global travel-adviser network Virtuoso. It also made its settings—the Four Seasons resorts in Maui and Taormina, Sicily—nigh un-bookable. And it’s hardly the only example: “Paris wasn’t hurting for eyes, but Emily in Paris showed the city in a more playful way,” Belles notes. “And people weren’t exactly flocking to Richmond before Ted Lasso.”
Giulia Parmigiani/Netflix
The trend is so strong that a property doesn’t even need to be connected to a show to benefit from its boom. Henley Vazquez, cofounder of the New York–based travel agency Fora, points to Bridgerton’s impact on English estate hotels.
“Heckfield Place [used to be] a hard sell,” she says of the five-star Georgian mansion in Hampshire. “Now, people are dying to go there. It wasn’t featured in Bridgerton, but it’s just that kind of place.”
Others insist on the real deal. Jennifer Schwartz, managing director of Authentic Explorations, works with one family to build trips based on the Game of Thrones universe.
HBO
“They went out of their way in Portugal” to visit Monsanto, the setting for Dragonstone in House of the Dragon, she notes. “It’s definitely a criterion on which they choose where they want to vacation.”
For travelers who want more than simply to follow in their favorite character’s footsteps, London’s Black Tomato takes things several steps further. Since 2023, it has planned high-octane itineraries based on the James Bond franchise and works with the films’ producers, Eon Productions, to make you feel like an MI6 agent. (Some trips even offer lessons with Daniel Craig’s stunt double, Lee Morrison.)
The 007 success has inspired more such trips. “We’ve just recently launched itineraries inspired by Yellowstone and Ripley, focusing on Montana and Wyoming and Italy, respectively,” says cofounder Tom Marchant.
Netflix
Still, it’s important to remember that sharp camerawork—and editing—accounts for a lot of the on-screen magic. Schwartz, of Authentic Explorations, notes that “the White Lotus hotel” in Sicily is “not super accessible, but it’s filmed as if the beach is right there.” In reality, the shore club from the show’s second season is 133 miles away. “People go to the place and they’re like, ‘You have to get in a car to go to the beach? What do you mean?’ ”
So where shouldn’t you go? Netflix’s The Perfect Couple will likely send hordes to Nantucket next summer, and The White Lotus’s third season, set on the Thai island Koh Samui, has already caused a local spike—and it’s not even on the air yet.
Bookings of Virtuoso’s properties in the region are up 38 percent since the show was announced. Luckily, Belles says, the effect doesn’t linger. “We typically see a good two-year impact on a set-jetting destination.”
