Future Tesla hybrid sedan to be built in California

tesla roadster

Tesla is ready to reveal its plans for a brand new hybrid sedan planned for production at a new plant in Bay Area, California, no sooner than 2010. Tesla’s management preferred California to New Mexico for the new plant as there are more obviously advantages such as sales tax exemption on the purchase of manufacturing equipment and grants for training its new employees.

The new model nick named Model S will be a plug- in hybrid vehicle completed with a compact internal combustion engine. The sole drive system will feature a high powered electric motor running on the batteries, which are supposed to be of lithium- ion type. The price for this model is expected to be around $60,000. It’ s design is similar to rival niche automaker Fisker Automotive. Tesla officially claims that the rival has stolen the original designs to develop its own Karma plug- in hybrid.