BMW's Sleek Electric Sedan Will Challenge Tesla -- in 2021

BMW's Sleek Electric Sedan Will Challenge Tesla -- in 2021

At this week's International Motor Show in Frankfurt, BMW AG (NASDAQOTH: BAMXF) is showing off a preview of an electric sedan that looks to be aimed directly at Tesla's (NASDAQ: TSLA) new Model 3.

For now, the sleek BMW sedan, called "i Vision Dynamics," is just a show car, a concept. BMW intends to build and sell something very much like it, but not until 2021. Here's what we know.

BMW CEO Harald Krueger with the i Vision Dynamics show car. It's a preview of an upcoming BMW electric sedan. Image source: BMW AG.

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Source: Fool.com