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BMW is striking back at Tesla and Mercedes with at least 2 new electric cars (TSLA)

BMW is doubling down in the electric car space by committing to at least two new electric vehicles by 2020. The German automaker is planning to roll out an electric version of the BMW X3 SUV and a battery powered Mini Cooper, Bloomberg first reported on Friday. The Mini is expected to become available in 2019 and the X3 is slated for 2020. According to a report from the German publication Handelsblatt, the company could also be planning to launch an electric version of its BMW 3 Series sedan and an electric BMW X4 crossover in a similar time frame.
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