[youtube https://www.youtube.com/watch?v=fjYMaQ7NPSc&w=640&h=360]
You might be interested in …
Chinese Carmakers, Volkswagen, BMW Roll Out “Tesla Killers”
zerohedge.com / by Tyler Durden / Apr 19, 2017 3:13 PM
The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering. Start in China, where the Model 3 is not due to arrive until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch “Tesla killer” cars to go head-to-head against Tesla “mass market” sedan.
In taking on the monopoly, yet cash-burning premium electric car juggernaut that is Tesla, the key for leading Chinese electric vehicle start-ups such as Future Mobility, WM Motor and Singulato Motors, is that they will produce their cars locally, making them better able to match the Model 3’s price, . Tesla is expected to price its Model 3 from $35,000 in the United States. Buyers in China would expect to add 25% to that in import tariffs.
The Chinese strategy is simple: beat the Model 3 in China by making their cars more premium but cheaper than Tesla’s mass-market all-electric battery car.
The post appeared first on .
Riot Blockchain Plans United States-Based Regulated Cryptocurrency Exchange in Q2 2019
Riot Blockchain Plans United States-Based Regulated Cryptocurrency Exchange in Q2 2019 The upcoming regulated cryptocurrency exchange called RiotX will offer three primary services namely banking, a trading engine and a digital wallet. RiotX will initially […]