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PICS: BMW set to launch luxury electric hatchback i3 on July 29

BMW is going to take the market for electric cars to a new height with its luxury hatchback i3. The i3 is set to unveil this month on the 29th of July and will come to showrooms in US in the second quarter of 2014 at a premium price point.

Previously known as the Mega City Vehicle (MCV) this all-electric car is a 4-door sedan being developed as part of the Project i. The concept was unveiled at the 2011 Frankfurt Motor Show and the first prototype made a debut at the Summer Olympics in London in 2012.

About the specs of the car Cnet says “the production i3 uses an electric motor driving the rear wheels, giving it 170 horsepower and 184 pound-feet of torque. With its 22 kilowatt-hour lithium ion battery pack.” “The i3 get a 170 bhp electric motor which puts out a peak torque of 250Nm. 0-100km/h takes only 7.2 seconds while the top speed is limited to 150km/h. The base variants of the i3 have a driving range of about 130-160km” says indianautoblog about the specs of the car.
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