Several German automakers held their annual shareholders meeting this week and just like during Daimler’s last month, the subject of competing with Tesla in the luxury segment with long-range electric vehicle came up. German premium automakers like Audi, BMW and Porsche are admittedly about 6 years behind Tesla with the first few 200+ miles range electric vehicles coming to market starting in 2018 – versus Tesla’s Model S which launched in 2012.

BMW took the occasion to clearly lay out its electric vehicle plan under its ‘i’ sub-brand. The company confirmed that it will launch the new electric and autonomous iNext model in 2021. The vehicle is based on the recently unveiled ‘NEXT 100’ concept – picture above. expand full story