Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Plug-in Mini Cooper ready to charge

BMW will release a test fleet of electrically-powered Mini's around New York and Los Angeles early next year.

1 of 5

Limited run

Starting next year drivers in the Los Angeles and New York areas will be able to lease a fleet of 500 all-electric Coopers from BMW's Mini division.

The Mini E, as it's called, will be able to travel 150 miles on a single charge with a top speed of 95 miles per hour.

For this test fleet of vehicles, BMW will reimburse customers for the cost of charging. But at a monthly cost of $850, driving the Mini E will not be cheap.

Besides the car and electricity, however, the monthly payment will cover all required technical service and maintenance. The cars will be leased on yearly contracts with an option for additional time. At the end of the lease, the cars will be returned to BMW.

By Peter Valdes-Dapena, CNNMoney.com senior writer

NEXT: Battery packing

Last updated October 20 2008: 11:35 AM ET

Email | Print |

Digg this story |

RSS

More Autos

• Carmakers fire up rebates on 2009's

• Motor Trend: Subaru Forester SUV of the Year

• Hybrid SUVs that carry real value

More Galleries

Women of power

Shot during the Fortune Most Powerful Women Summit, these portraits showcase some of the world's most influential leaders. Photographs by Robyn Twomey. More

Better digs, less money

These 6 businesses took advantage of crashed real estate prices to trade up for new stores and office space. More

Heroes of the Economy: Where are they now?

In March, CNNMoney profiled people making personal sacrifices to help others during the recession. Did their efforts pay off? CNNMoney checks in. More

Special Offer

Home Portfolio Calculators Contact Us Newsletters Podcasts RSS Mobile Widgets Site Map User Preferences Advertise with Us
Magazine Customer Service Download Fortune Lists Reprints Career Opportunities Special Sections Conferences Business Leader Council

Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer

Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.