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BMW Readying Tesla-Rivaling Electric i Concept Car

posted by martyb on Saturday September 09 2017, @09:10PM   Printer-friendly
from the plugging-electric-vehicles dept.

Phoenix666 writes:

BMW is putting some big numbers to its electrification efforts. At a media event in Munich on Thursday ahead of next week's Frankfurt Motor Show, the automaker announced plans to bring to market at least 25 electrified vehicles by 2025 -- 13 of which will be fully electric. The new models are expected to be marketed through all of BMW AG's brands, including Mini and Rolls-Royce, but may also include BMW Motorrad, its motorbike division.

Most interestingly, Harald Krüger, BMW chairman of the board, revealed Tuesday that his company will show a four-door, pure-electric concept car in Frankfurt under its i sub-brand. The car will be designed to slot between its i3 electric urban runabout and i8 plug-in hybrid sports coupe. Few concrete details were revealed about the coming show car, but reading between the lines, it's clear that BMW is incubating a Tesla competitor -- likely a rival for the Model 3. The car's design is expected to be influenced by the Vision Next 100 (shown below), a futurethink concept vehicle designed to commemorate BMW's centennial.

Word from inside the executive circles at Ford is that they're gearing up to chase Tesla, too. How long before the last internal combustion engine production car rolls off the line, 5 years, 10 years, or 15?

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  • (Score: 1) by khallow on Saturday September 09 2017, @11:56PM

    by khallow (3766) Subscriber Badge on Saturday September 09 2017, @11:56PM (#565808) Journal
    Incidentally, I say this as someone who owns a bit of Ford stock. Big companies aren't all powerful. There are plenty of examples of them being replaced by more efficient, small competitors. My reasons for owning the company are the relatively high dividend, the possibility that the company will be bought out by some competitor looking for market share in the US, and the fact that the company is still run by the Ford family, meaning there is significant common interest between the company and the owners of the company which might play out into better long term health of the company compared to the other car companies of the world.