BMW almost launched a 1,300-horsepower all-electric supercar
BMW's electric supercar reportedly reached clay model stage, but board scrapped plans amid concerns the market wasn't ready go through Brad Anderson 14 hours ago The near-finished electric supercar boasts a futuristic design and 1,300 horsepower. Concerns about profitability and weak electric car sales led BMW to halt its supercar project. Previously, BMW had canceled the I16 mid-engine hybrid sports car and instead prioritized the development of the XM SUV. A few days ago, we learned that BMW was shelving its mid-engine hybrid sports car, the I16, in favor of the controversial XM SUV. Now, it's been discovered that the German brand has also been developing an all-electric supercar for a few years, and it's actually already on the market so close to production. Apparently, this electric supercar project is enough to spawn a clay model. BMW has formed a team to develop an electric supercar that can deliver up to 1,300 horsepower, according to BMW Blog, citing internal sources.…