BMW has confirmed that its new all-electric sedan, the i4, will have a range of up to 700 km (435 miles).

Speaking at BMW’s annual financial results conference, company chief executive Harald Kruger said the iNext, which is set to launch in 2021, will feature a similar range.

“With the fifth generation of eDrive, our vehicles will be able to drive 550 to 700 kilometres (340-435 miles) on electric power, depending on the model. We will achieve this in the BMW i4 and iNext.”

Until the Geneva Motor Show, it was widely assumed that an i5 sedan was in the works. However, the company confirmed at the show that its all-electric sedan will instead be dubbed the i4 and was previewed by the i Vision Dynamics concept from the 2017 Frankfurt Motor Show.

At the time, that concept was confirmed with a range of 373 miles (600 km) and would accelerate from 0-62 mph (100 km/h) in four seconds and top out at 200 km/h (120 mph). It is reasonable to assume that similar performance figures will be on offer for the road-going i4.

Quizzed about when the i4 will launch by Auto Express, the head of BMW’s i division, Robert Irlinger, said it’s just a couple of years away.

“As soon as we have all our modular systems working, so something around 2020. We are working on a very competitive and innovative project; we are trying to find the right design for the car.

“It will sit between the i3 and the i8 – [i Division] is at the core of the brand. With our new modular systems, the next level of out electric powertrains, we are able to bring an electrified powertrains to all of our vehicles,” Irlinger confirmed.