According to German news company Handelsblatt, BMW plans to announce an electric version of its successful 3 Series this September. The move is likely motivated by a desire to take back some ground from the expanding triumphs of Tesla.
Handelsblatt reports that BMW will officially present the vehicle at this year’s IAA (Internationale Automobil-Ausstellung) auto show, to be held this September in Frankfurt.
The 3 Series is a high volume sales model, and Handelsblatt says that the electric version will have a range of approximately 400 km (248 miles) on a single charge. The news company reports that the electric 3 Series is a direct response to the sweeping success of Tesla’s Model 3.
BMW did not comment on the report.