Thursday, July 3, 2014

Low-Cost Tesla EV To Use Steel To Hit A4, 3 Series Pricing Levels

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Though Tesla's low-cost EV won't be able to put the E in between the S and the X, it will be able to meet its price target thanks an alloy swap in its construction.

Autocar reports steel instead of aluminum will make up the low-cost EV, which CEO Elon Musk stated will be 20 percent smaller than the Model S. The steel construction will likely be assembled through bonding and rivets, as well.

The use of steel will allow the new EV — expected sometime between late 2016 and early 2017 — to better compete against the Audi A4 and BMW 3 Series on price, backed up by the reduced cost in battery production once the Gigafactory goes online at the same time as the low-cost Tesla arrives in showrooms.



from The Truth About Cars http://ift.tt/Jh8LjA

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