Tesla Plans Sedan, Crossover Versions of Model 3 EV
Tesla Motors Inc. says its $35,000 Model 3 electric sedan due in 2017 will be joined by a crossover variant, doubling the company's lineup to four models, The Wall Street Journal reports.
#hybrid
Tesla Motors Inc. says its $35,000 Model 3 electric sedan due in 2017 will be joined by a crossover variant, doubling the company's lineup to four models, The Wall Street Journal reports.
The company's $76,000 Model S electric sedan will be supplemented by the similarly priced Model X crossover, which shares the same platform, this autumn.
Tesla co-founder and Chief Technology Officer JB Straubel says Tesla is working on unspecified additional EVs to add after the Model 3 debuts. He predicts the company will have 1 million cars on the road by 2020 and achieve annual sales of 500,000 units.
Last year Tesla sold about 33,000 cars worldwide. The company has targeted sales of 55,000 vehicles in 2015.
RELATED CONTENT
-
Rivian Gets Even More Money, Now From Ford
The electrification of automotive is serious business. This week it was announced that Ford is making a $500-million equity investment in Rivian.
-
Ford Going Fast
Ford estimates that SUV sales could be half of all retail sales in the U.S. by 2020.
-
Electric Motors for Aero and Auto
Rolls-Royce—the manufacturer of aircraft engines, not the one that makes high-end vehicles with four wheels—is working with another British company, YASA, on the development of the ACCEL, an electric airplane.