Tesla Working on $25,000 Hatch, Report Says

Tesla hatchback due in 2023 with $25,000 staring price, range of around 250 miles, aimed at Europe and China.

New battery tech is expected to cut down production costs, but uncertainty remains about the timing of its readiness.

Elon Musk has mentioned the budget car project during Battery Day 2020, with Tesla's Shanghai plant as the first likely production site.

Given the overnight success of the Volkswagen ID.3 and the rush of European buyers looking for inexpensive EVs, a Tesla positioned below the Model 3 would seem like a natural next step in the company's lineup as its expands its production footprint around the world. With the EV market surging in Europe over the past year, many are still looking to Tesla to lead when it comes to lower end of the price spectrum, as challengers from Renault, Skoda, SEAT, Volkswagen, Nissan, and Dacia appear on store shelves.

Keywaylock
03/11/2021
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Change City Discounts of up to Rs 35,500 on Honda cars

01/07/2022 ,52 Views

Honda is providing buyers a variety of discounts and benefits on its complete range of cars for the entire month of February. Depending on the model selected, customers will be able to avail cash bene...

Honda Teases The 2022 Civic Type-R With Its Famous Wing And Triple Exhaust Setup

30/06/2022 ,82 Views

Back in June this year, Honda had taken the wraps off the 11th-gen Civic in hatchback form. And now, the carmaker has also teased the next iteration of its hardcore Type-Rtrim, which it will test it o...

Formula 1 champion Max Verstappen to sell his Honda Civic Type R for charity

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Max Verstappen, 2021 Formula 1 champion, has offered to sell his personal vehicle - a Honda Civic Type R sporty hatchback. The car will be sold through an auction whose proceeds will be donated to cha...