The BMW i8 is a stylish, futuristic-looking plug-in hybrid, but a new report is suggesting the second-generation model could go fully electric. While the current car has a turbocharged 1.5-liter three-cylinder internal combustion engine, an electric motor and an 11.6 kWh lithium-ion battery pack, Autocar reports that BMW executives are leaning towards making the its successor an all-electric.

Details are limited, but sources told the publication the switch to an electric powertrain would provide a “tangible link” to the company’s effort in Formula E. This is understandable and it would likely help to serve as a halo model for the company’s upcoming slate of electric vehicles.

If the Bavarian automaker eventually decides to make it an EV, the next i8 should have an all-wheel drive system that is heavily based on the one used in the iNext. The model is also slated to use all-new electric motor developed in-house that offer “significantly higher rotational speeds” than the current unit found in the i8. While BMW is working on solid-state batteries, it appears the technology won’t be ready in time for the i8’s expected launch in late 2023. Instead, the model will reportedly use a lithium-ion battery pack.

However, nothing is set in stone and it’s possible the next-generation i8 could continue to be a plug-in hybrid. There are reportedly a number of advantages to this strategy ,as the car’s existing platform could be upgraded economically and BMW could ramp up performance by swapping out the existing three-cylinder engine for a more powerful four- or six-cylinder unit. If BMW were to go that route, it’s possible the next i8 could have around 600 hp.

The decision on which powertrain to use could come later this year, so we might learn more in the coming months.