BMW said it will call its new EV/hybrid brand BMW i. At the same time, the car previously known as Megacity Vehicle is redubbed i3, to be released in 2013 along with the i8.
BMW is betting part of the farm on electric vehicles, putting $560 million or so into upgrading a factory in Germany for mass EV production by 2013.
BMW has announced the initial American test markets for its ActiveE electric vehicle concept as it gears up for a 2013 release of its Megacity Vehicle.
BMW has released some more details about its upcoming Megacity electric vehicle design, including noting that the passenger compartment will be made from a carbon fiber to offset weight.
The BMW Group recently announced that they’ll be releasing their first plug-in all-electric model, the Megacity Vehicle, under a sub-brand in 2013.