A new electric version of the BMW 3 Series is being introduced, with the BMW i3 unveiling a design and technology update. The BMW i3 is reported to have a 900km range and a new design, and other electric models, including a possible electric M3, are also expected. The introduction of these electric models is part of BMW's expansion into the electric vehicle market, although the company's leadership has noted that electric cars are unlikely to be inexpensive.