Here’s BMW’s Tesla Model 3 Fighter, coming next year

German car manufacturer BMW AG (BMWYY -3.82%) (BAMXF -2.42%) unveiled a near-final version of its upcoming i4, a compact sedan ready to challenge You’re here (TSLA 2.55%) Model 3 from next year.

BMW said the production version of the Concept i4, a sleek four-door that BMW calls a “Gran Coupe,” will incorporate what BMW calls its “fifth generation” electric drivetrain system, delivering power comparable to the current V- the company. 8 motors, but with instant response.

BMW’s Concept i4 is a preview of a new electric sedan coming in 2021. Image source: BMW AG.

The system centers around an 80 kilowatt-hour battery and an all-new electric motor. BMW said the system will give the production version of the i4 up to 530 horsepower and a range of up to 600 kilometers (372 miles) under the European WLTP standard. (US EPA range ratings for electric vehicles tend to be slightly lower than WLTP results.)

The Concept i4’s design incorporates futuristic touches, including active aerodynamic aids to optimize battery life, and a curved, non-reflective glass dashboard display.

A view of the Concept i4 interior from the back seat, showing the curved glass dashboard and large sunroof.

BMW executives say the i4’s futuristic interior is meant to be practical. Image source: BMW AG.

Most of these futuristic features will carry over to the production car. But BMW executives have stressed that the i4 is meant to be a practical everyday driver, with a spacious interior made possible by the compact electric drivetrain.

Production of the i4 will begin next year at BMW’s main plant in Munich, on a shared assembly line with internal combustion and hybrid models. BMW said it would invest around 200 million euros ($222.4 million) to prepare the plant for production of electric vehicles.

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