BMW ActiveE (photos)

BMW unveiled its production version of the ActiveE electric vehicle at the 2011 New York International Auto Show. The carmaker plans to ship 700 EVs to the U.S. for long-term customer testing this fall. Priced at $499 per month with a $2,250 down payment for a 24-month lease, the BMW ActiveE is one of the more affordable BMWs on the market. The trade-off, of course, is its limited range.