BMW confirmed the iX3 electric SUV will be the first of the "Neue Klasse" models to launch. The iX3 is scheduled to arrive late this year, and an electric 3-series sedan will follow in 2026.

So far, there have been six BMW M3 generations, starting with the homologation special E30 in 1989 and its 2.3-liter inline-four engine. The second-gen E36 BMW M3 models followed in 1995 with the ...