In 2012, BMW debuted the i8 Spyder Concept, an open-top progressive hybrid sportscar based on the two-door i8. While BMW has been toying with the idea of a production i8 Spyder, the final approval has been delayed several times. Now, according to German newspaper Handelsblatt, BMW CEO Harald Krüger has reportedly confirmed the i8 Spyder is finally headed for production.

Krüger was tight-lipped on specifics, but hinted that it will arrive in the near future.

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We recently discussed why an i8 Spyder would be such an attractive and desirable car, with a design that will be slightly updated compared to the concept version. This third BMW i model embodies the future of cutting-edge and emotionally appealing mobility concepts. Its sporting design headlines the qualities of an open-top two-seater blending lightness, dynamic capability and efficiency with a very special aesthetic allure.

The i8’s plug-in hybrid powertrain will likely carryover, while getting an updated battery pack and a potential increase in power. The current i8 makes 360 horsepower and hits 100 km/h in 4.4 seconds with a top speed of  250 km/h (155 mph).