Tesla, the Elon Musk-led company, is planning to build a $24,000 car in India. $24,000 is about Rs 20 lakhs, which is a medium-budget price for an automobile according to the Indian market. This car and the price are going to create competition in the field.

India is one of the largest and fastest-growing automobile markets in the world. The said $24,000 car will be the lowest-priced from Tesla with a 25% decrease in price from the Model 3, the current lowest-priced car from Tesla.

If the price is not going to change, Tesla offers competition not only for electric cars but for non-electric cars too. Manufacturing the car locally in India will slash the high import taxes that currently apply to foreign-made automobiles.

In addition to that, the local manufacture of the car aligns with the ‘Make in India’ initiative by the Indian government. The demand is there because the Indian market has limited EV options in the sub-20 lakh price segment.

Tesla

Tesla Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels, solar roof tiles, and related products and services.

Tesla is one of the world’s most valuable companies. As of 2023, it is the world’s most valuable automaker. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The name of the company is a tribute to the inventor and electrical engineer Nikola Tesla.

In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company, and in 2008, he became the CEO.

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This article compares the Tesla Model 3 with the BMW i4. Lets find the best electric car among the two.

Tesla Model 3 vs BMW i4

In the comparison it is very clear that the Tesla Model 3 is the best electric car in its comparison with the BMW i4.

Tesla is now world famous for its best in class electric cars and the Tesla Model 3 is no exception.

The Tesla Model 3 has the maximum power and maximum torque than the BMW i4. The acceleration of the car is also much quicker than the BMW i4.

But when it comes to the range or the distance the vehicles can travel, the BMW i4 offers slightly a little more maximum range than the Tesla Model 3.

There is also a huge difference in the price of the cars as well. The Tesla Model 3 starts at a price of $44,990 while the BMW i4 starts at a price of $52,395.

Based on the performance, range and the price of both these electric cars, we can declare the Tesla Model 3 the best among the two.

The post Tesla Model 3 vs BMW i4: A Spec Comparison appeared first on The Tech Outlook.

Tesla has cut down the price of its Model 3 and Model Y cars to increase its sales. The company is currently facing a huge loss in its sales in China.

Here’s more about it.

Tesla has Cut Down the Price of its Model 3 and Model Y Cars

Tesla has just cut down the price of its Model 3 and Model Y cars by 6% to 13.5% after the company sales fell to the lowest number in five months in China.

For the Tesla Model 3, the starting price has been cut from CNY 265,900 to CNY 229,900(about $33,427) and for the Tesla Model Y, the starting price has been reduced from CNY 288,900 to CNY 259,900(about $37,876).

Previously the company had cut down the price of the Model 3 and Model Y by 9% in October and even started to offer incentives of upto CNY 10,000 from September.

One reason for the drop in sales is because of the decision of the government to take out the subsidies on electric vehicles which forced many electric car makers including Tesla to add discounts and reduce the price of their electric vehicles.

For Tesla, sales has dropped by 21% for a year and since November has dropped by 44%. The company is doing all they can to ensure the sales in the world’s biggest market.

Tesla cuts prices in China for Model 3, Model Y by up to 13.5% https://t.co/qAY6tS9sXh pic.twitter.com/EPzjyzirkS

— Reuters (@Reuters) January 6, 2023

The post Tesla Cuts Down the Price of its Model 3 and Model Y Cars in China: Here’s More About it appeared first on The Tech Outlook.

Tesla has launched two new models recently. In this article, we are going to see the striking features and specifications of the Tesla Model 3 and Tesla Model Y.

Both cars give a good electric charge and have a sedan body type.

Tesla Model 3

Tesla Model 3 comes in the starting price range of USD 44,990. It is a sports car but has the dimensions of a Sedan.

It comes with 2 battery packs 50kWh and 75kWh. On a full charge, a smaller battery can give a range of 350 km and can accelerate from a standstill to 100 km per hour in 5.6 seconds.

The larger pack can travel 500 km on a single charge.

Model 3’s exterior features sweptback LED headlamps and tail lights.

It’ll have 18-inch alloy wheels as a global spec variant.

For the interior, model 3 features a big 15.d inch touchscreen panel in the dashboard, nav sat control, air con control, all-black leather seating, panoramic sunroof, and wooden dashboard accents.

Tesla Model Y

Tesla Model Y comes in the price range of USD 58,990.

It gets 15 inches landscape-oriented touchscreen system and a back cabin with wooden inserts.

In the US model Y is offered in 2 trims- Long range (7 seaters) and performance (5seater).

It has an EPA-estimated range of 531km and it boasts a 487 km range.

It has 5 seating capacity. This car also has a body type of sedan and an electric fuel type.

Dimensions are 2129*4750*1624.

It gives 354 km mileage, and 8 hrs of battery charging times.

The post Tesla Model 3 Vs Tesla Model Y – know the striking features and specifications appeared first on The Tech Outlook.

Despite the pandemic, that resulted in a downfall in many retail sectors, the EVs set a benchmark in the global market. It is interesting to note that EV’s sales increased by 168 percent compared to 2020 sales worldwide during the first quarter of 2021. Total EVs sold were 2.65 million.
Let’s have a look at the best upcoming models under EVs that is going to hit on the roads in 2022-
BMW i4-

As the brand has been named already for sedan ranges, it will carry forward its legacy under Electric versions too for the next-gen 4 Series. It will have an iDrive 8 interface across widescreen and up for around 300 miles on a charge.

Ferrari 296 GTB-

Ferrari has unveiled the new 296 GTB( GTB suffix representing Gran Turismo Berlinetta) as the latest entry into its Berlinetta sports car family. It has a plug-in hybrid system. The British sports car also uses a 3.0-liter twin-turbo V6 working together with an electric motor.
Ferrari 296 GTB offers an overall output of 818 hp and 740 Nm of torque. The electrically-assisted punch has 164 hp that is provided by the rear e-motor that enables 0 to 62 mph run within 2.9 seconds that matches F8.
Mercedes-Benz EQE-

Mercedes-Benz EQE is a Sedan variant of the Mercedes-Benz EQ family. There are claims that the best vehicle in its class is based on Noise reduction.
Mercedes EQE will have a 90kWh battery giving 410 miles of range, a single motor capable of generating 288 bhp, and 530 Nm of torque. It can travel by 660 km ideally on a full charge.
The pricing of the Marcedes-EQE could start from 75 lakh.- as per sources

Audi Q4 E-Tron-

Audi Q4 E-Tron is known to be an electric compact luxury crossover SUV. It is from the Audi e-Tron series family.
The Audi Q4 E-Tron has been produced in two distinct body styles, that are– the standard SUV model, and a sleeker, rakish-roofed Sportback model.
Audi Q4 is powered by a rear-mounted electric motor delivering 170hp and 310Nm torque that enables 0 to 100 kph within 9 sec. The range of the SUV model is around 341 km whereas the Sportback model has a marginally higher 349 km range.

Kia Sportage-

Kia Motors unveiled the fifth generation of Sportage with hybrid (HEV) and plug-in hybrid (PHEV) models into it.
Kia Sportage has a 1.6-liter TGDI engine capacity of 177 hp and 265 Nm of torque and the 2-liter diesel engine has 183 hp and 416 Nm of torque.
Kia Sportage has been equipped with ADAS(Advanced Driver Assistance System) Technology, Navigation-based Smart Cruise Control (NSCC), Blind-Spot Collision-Avoidance, Remote Smart Parking Assist(RSPA), and other technologies too.
Ford Mustang Mach-E –

Ford Mustang Mach-E has built two models- 75kWh(Standard range) and 98KWh(Extended range)battery with either a single motor or twin motor layout.
The officially claimed range is 379 miles making it the longest-haul electric car. Ford Mustang Mach-E is capable of 0 to 62mph within 3.7 secs and has 480 bhp.
MG 5-

MG 5 is also under the sedan class. It is long-range, spacious.
MG 5 EV is powered by a 61.1kWh, water-cooled lithium-ion battery that has a driving range of up to 250 miles from a single charge.
The car is equipped with Driver Assist Package(MG Pilot) that ensures safety and comfort for the driving experience.

Tesla Model 3-

Tesla Model 3 is an electric fastback compact sedan manufactured by Tesla. There are also two models available- the base model has 272 miles electric range and the Long Range version has 358 miles of electric range.
The car is equipped with full self-driving hardware.

The post Top EV vehicles to look for in 2022 – An era of EVs is just on its way appeared first on The Tech Outlook.