This Is BMW's Tesla Model 3 Fighter, Coming Next Year

German automaker BMW AG (OTC: BMWYY) (OTC: BAMXF) has revealed a near-final version of its upcoming i4, a compact sedan set to challenge the Tesla (NASDAQ: TSLA) Model 3 starting next year.

BMW said that the production version of the Concept i4, a sleek four-door that BMW is calling a "Gran Coupe," will incorporate what BMW calls its "fifth-generation" electric drivetrain system, providing power comparable to the company's current V-8 engines, but with instantaneous response. 

BMW's Concept i4 is a preview of a new electric sedan coming in 2021. Image source: BMW AG.

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Source Fool.com