The slow course of the electric vehicle market is forcing many automotive manufacturers to reconsider their electrification strategies. In this context, BMW is among the brands that changed their plans. According to information received, a 1,300 horsepower fully electric sports car project that BMW was developing was canceled before it went into production.
Why did BMW cancel its 1,300 horsepower electric sports car project?
According to information received from internal sources of the Munich-based automobile manufacturer, BMW has been working on a high-performance, fully electric sports car for a long time. This model had an assertive design and striking performance with 1,300 horsepower. In fact, during the development process of the project, a clay prototype of the vehicle was even created. It is stated that the design is shaped around the concept of a future-oriented, completely zero-emission sports car.
It is reported that BMW took this project seriously and that the vehicle was very close to production, but the company management decided to stop the project. It is said that concerns about the economic sustainability and industrial feasibility of the model are behind the decision. Tough conditions and high performance in the European automotive market low demand for electric vehiclesare among the important factors affecting this decision.
For now, it is not known whether this project has been canceled completely or has been put on hold to be re-evaluated under better market conditions. However, if the market recovers, there is a possibility that BMW may bring the project back to the agenda. In such a case, this ambitious model is likely to take BMW to the top in the electric sports car segment.
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