BMW launches new electric/hybrid brandFRANKFURT (AFP) - – The German luxury carmaker BMW unveiled on Monday its long-awaited new brand, BMW i, with two new models to be equipped with electric and hybrid drive systems from 2013."This is BMW i - Born Electric," a statement quoted sales director Ian Robertson as saying as the group presented the BMW i3 electric car for city use and the BMW i8 plug-in hybrid for those seeking a more powerful vehicle.The vehicles are to be built at BMW's plant in Leipzig, eastern Germany, which will benefit from an investment of 400 million euros and create 800 jobs, the statement said.In a secret press conference held in an undisclosed location, BMW revealed that they have been testing out a prototype i5 in collaboration with BMW's Motorsport division.The testing of this prototype was done out of Europe in an undisclosed Asian city to keep the project under wraps from competitors. The model is tentatively coded iM5 but the model development number is still under wraps.Unfortunately the initial pictures were leaked out by a member from BMW Club Malaysia...Presenting the BMW iM5!!......
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