BMW announced this week it won't add a third model to its i-branded range of electric vehicles until it has "a better idea" of demand, according to Reuters.

One of the automakers top executives said it has no plans to make the i3 in China as well.

BMW spent $2.7 billion in developing its all-electric vehicles and confirmed over 11,000 orders for the i3 hatchback since it was introduced last November in Germany.

Though the automaker has trademarked the series through i9, the automaker has no current plans to add to the i3 and i8 hybrid sportscar.

"We need to see how demand for the cars develops," Harald Krueger said, according to Reuters.

 The i8 will hit showrooms later this year.

Krueger said that for now the i3 won't be released in China, as the "infrastructure there is still developing" according to Reuters.

"In an effort to extend the driving range of its electric vehicles, BMW is making increased use of lightweight carbon fiber-reinforced plastic and built a U.S. factory in partnership with SGL Carbon to guarantee supply of the material," said Reuters.

The i3 is produced in Leipzig, Germany.

Krueger also confirmed this week that BMW will not sell its carbon fiber to other automakers for the time being.

"We want to make our own use of the capacity for now," said Krueger. 

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