BMW to offer first electric vehicle

Bayerische Motoren Werke AG, better known to most of us as BMW, will unveiled its first electric vehicle, the i3 compact, at simultaneous events in New York, London and Beijing on 29 July. The EV, which the Munich-based luxury-car maker will begin selling in Germany in November, will cost €34.950 ($46,000). Buyers in the US will also have to pay a $925 transport fee for the car. The company said the body of the i3 will be made from carbon-fiber-reinforced plastic, which will sit atop a chassis made of aluminum. According to BMW, the i3 is capable of 170BHP and is said to have a range between 80 and 100 miles from a single ,  Source: ArticleSource: Image