BMW claims that they are making good progress in their attempt to make an electric urban transport.

“We are acquiring pioneering future technologies and raw materials that we need for our MegaCity vehicle on competitive terms,” said BMW CEO Norbert Reithofer.

Dubbed as the MegaCity under the company’s Project i division, the car is being developed for extreme lightweightedness. To achieve this “extreme” level of lightness, the car uses a plastic reinforced with carbon fiber.

BMW recently showcased the Simple concept which does reveal some of BMW’s thoughts on how to move forward. It sure looks different from\\ The final car will have a different look though.

I really appreciate the effort that. comes to the development of electric vehicles but unless they get to the point where these cars need only two minutes to get fully charged, I still think there’s a better way to get around petroleum.