BMW unwraps next- generation EV lineup to take on Tesla, China’s BYD

BMW AG presented the first prototype of its future electric-vehicle lineup, ringing in a new stage in the fight to catch up to Tesla Inc. and defend sales in its most important market China.

The Vision Neue Klasse concept car, on display at next week’s IAA show in Munich, shows off BMW’s dedicated EV underpinnings due in 2025 — around the time Mercedes-Benz Group AG is introducing its new battery-powered models. Software issues have delayed similar architectures from Volkswagen AG, pushing back key Porsche and Audi vehicles.

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