FRANKFURT -- BMW is about to send a volley Tesla's way.
The German luxury brand's i Vision Dynamics concept, introduced Tuesday at the Frankfurt auto show, previews an upcoming third model for the i low-emissions subbrand that will be a rival to the Tesla Model 3.
The concept showcases a "dynamic," coupe-styled four-door car positioned between the i3 city hatchback and i8 plug-in hybrid sports car, BMW CEO Harald Krueger told journalists.
It has a range of 373 miles and a top speed of more than 120 mph, BMW said in a statement. The car can accelerate from 0 to 62 mph in four seconds.
The production model is to go on sale by 2021, giving a boost to the stalled i subbrand. Consumer demand for the i3, which BMW launched in 2013, has been sluggish because of concerns about its limited driving range and high price.