BMW City: Eco-friendly electric car coming 2012

BMW has plans for an electric car designed for the city according to BMW chairman and CEO Norbert Reithofer.

Dubbed the "City" the new electric eco friendly motor will launch in 2012 and offer owners a 100 mile range in a four seater, small three door hatchback design.

Reports suggest it will be smaller and cost less than the next BMW 1-series or Mini Cooper, both of which will come to market in 2011.

"According to BMW chairman and CEO Norbert Reithofer, the City is designed specifically for the U.S. market to meet California