BIMMERPOST, Germany — A BMW electric car is finally here.
The first M3, which BMW says is the company’s most technologically advanced electric vehicle yet, is on the road.
The company unveiled the electric car in Bimmerspruit, a suburb of Munich, on Wednesday, the first time it has made the car available to the public.
The M3 has a top speed of about 140 kilometers per hour, which is well above the average speed of the M2, a plug-in hybrid.
The company says the M3 can reach highway speeds of up to 130 kilometers per day, and it can reach 50 kilometers per mile in the city.
The electric car uses a new battery that BMW says can deliver more than 700 horsepower.
The battery is made by the company-owned company, Vattenfall, which has a long history of developing electric vehicles.
The car also uses an electric motor, a technology that is expected to be a big boon for the electric economy.
The Vattenfest battery is smaller than the Tesla battery and smaller than a conventional battery.
The larger battery is used in the Model S, a new electric car that debuted in March.
The M3 was designed to be economical for people, while the Model 3 is expected have more fuel economy.
But if BMW is to succeed with the electric vehicles, it will need to make them much cheaper.
The cost of the electric cars will depend on a number of factors, including how much of the car is used, how much battery power is used and how much charging infrastructure is in place.BMW says the price of the Model X, the companys most expensive electric vehicle, is $67,200.
The Model 3 costs about $50,000 more.
The average price of a Tesla Model 3, which was unveiled in March, is about $107,900.
The price of an electric car will have to go down if BMW wants to have a shot at selling electric cars to consumers, said Dieter Zetsche, an analyst at Kelley Blue Book.
Zetschel thinks the M5, which Tesla said it would begin selling in the next two to three years, will be an attractive proposition for consumers.
Tesla announced its electric car plans in February, and the company has yet to sell any cars to the general public.
BMW is hoping to build up an electric fleet in the United States by 2020, and by the end of 2020, it plans to have 100,000 electric cars on the roads.
The new electric cars are expected to cost $50 per kilowatt-hour, which makes them more expensive than the gas-powered cars that make up the majority of the market.
The electric car market is already crowded, with more than 50,000 cars on U.S. roads, and demand is expected grow by 25% by 2020.
Tesla and other electric car makers have said they will begin selling the cars in California and New York by the middle of next year.
BMW says it will be the first company in the U.K. to have the M4, which it says is a better-performing car than the M1.
It will also introduce a new car, the M8, with a range of about 100 miles, which will go on sale in 2019.