If electric car makers are to flourish in this highly competitive industry, then the cost of ownership needs to come down. Although, the electric car won’t replace conventionally powered cars any time soon, the high pace of the developments in electric car technology could one day allow automakers, like Tesla , to offer products at more affordable prices.
The new sedan, dubbed the Model, E will be revealed at the 2015 Detroit Motor Show with deliveries scheduled for early 2016. Chief designer, Franz von Holzhauzen, has told AutoBild that the midsized 3 Series competitor should be out in a years time. The new electric sedan is expected to be priced in the $30,000 to $40,000 bracket.
We are still awaiting more details about the upcoming Model E sedan. That said, we expect it to feature familiar Tesla styling with a wide oval grille and clean lines. The exterior and interior design would in all likelihood be influenced by the Model S which has now been widely accepted in the market.
Underneath, the new Model E could use a similar powertrain as the Model S. Batteries will be stowed away in the floor, and electric motors will drive the rear wheels. Tesla will almost certainly lower the output of the electric motor to help increase the overall range and lower the price.
Also helping lower the price, the Model E will likely have a few less interior features as the Models S.
We’ll keep an eye out for more information on the upcoming Model E, and bring you more information as it becomes available.
Click past the jump to read a brief overview of Tesla’s history.
(*Image Note: The above image is of the Model S, not the Model E.