BMW's electric crossover - dubbed the "iNext" - will be shown off later this year. "It will benefit the entire company and all our brands", said BMW chairman Harald Kruger.
At BMW's annual shareholders' meeting in Germany on Thursday the company released a teaser image of its future iNext electric auto.
BMW will officially launch its first all electric auto next year which is iX3 as the concept model produces 270 hp of power and the range of iX3 is 400 km.
The iNext is created to be a technology showcase for BMW: electric propulsion, full self-driving, and advanced interfaces, said BMW CEO Harald Krueger.
It's not the first time we've seen the iNEXT. More models will follow the iNext that is due to enter showrooms in 2021, Krueger said.
Very little is known about the iNEXT at this point beyond that it will be an electric vehicle inspired by the recent Vision NEXT concepts unveiled by the German premium brand.
BMW has offered up its first official "look" at its iNext technology flagship.
In 2016, the automaker announced plans to launch the iNext.
The iNext has been developed alongside the i4 liftback EV, which was shown in pre-production form at the 2017 Frankfurt motor show under the name i Vision Dynamics concept.
BMW is aiming to offer 25 electrified models in its line-up by 2025, with 12 of those being full-electric vehicles.
Krueger also said the iNext will offer Level 3 self-driving capabilities, which will let the driver cede control to the auto under certain conditions as long as they stand ready (or at least sit ready) to retake control within seconds if any warnings sound.
Krüger explained that going forward, all fully electric BMW models introduced would carry the i designation.