BMW: 12 New Electric Cars to Challenge Tesla

BMW AG  will launch 12 new all-electric vehicles between now and 2025, as part of a larger move into electrified drivetrains, the company said on Wednesday — and it will unveil one of them next week.

Speaking at an event on Wednesday, BMW CEO Harald Krueger said the company will reveal a new all-electric four-door sedan at next week’s auto show in Frankfurt, Germany. The new model will join BMW’s “i” sub-brand, slotting in between the small i3 and the i8 sports car.

Krueger is standing in front of a low-slung car covered with a blue cloth. A BMW i3 hatchback is parked next to him.

What BMW said: 25 new “electrified” vehicles

Krueger said the company plans to launch a total of 25 “electrified vehicles,” including 12 fully electric vehicles, over the next eight years. All three of BMW’s brands — Mini, BMW, and Rolls-Royce — will be included in the effort. “Electrified vehicles” include fully electric vehicles as well as conventional and plug-in hybrids.

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