BMW prepares dual M3 variants, challenging high-performance rivals
What happened
BMW is preparing two versions of the next M3. One version will feature a twin-turbo six engine, while the other is an ultra-high-performance electric vehicle. This electric M3, which may be called the i3M, Mi3, or iM3, is rumored to have a power output of 1341bhp.
From carmagazine.co.uk
Why it matters
The introduction of these high-performance models intensifies rivalry in the premium automotive sector. The electric M3 specifically challenges the competitive position of the Porsche Taycan and the Audi e-Tron GT.
From carmagazine.co.uk
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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Audi AG
German automotive manufacturing subsidiary of Volkswagen Group
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BMW
German automobile manufacturer, and conglomerate
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Porsche
German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, owned by Volkswagen AG
Related events
- Audi, Honda, and Toyota are competing in the global automotive market.
- Audi and BMW are developing high-end automotive products and expanding their technology for the global market.
- Ford and Porsche are noted as competitors in the high-performance vehicle market.
- Nissan and Audi are engaged in market segment competition within the United States.
- Bentley, Jaguar, and Porsche are competing in the high-end luxury market.