Congratulations! To Tesla As they Unveiled Model 3 Electric Car Its Lowest-cost VehicleHello Guys, Trending on Tech this week is the Unveiling of Tesla most innovative automobile vehicle. According to BBC Tech News, the price and range of the five-seater should make the vehicle appeal to new types of customers and could boost interest in other electric vehicles.
Chief executive Elon Musk said his goal was to produce about 500,000 vehicles a year once production is at full speed.
According to BBC, The California based company needs the vehicle to prove popular if it is to stay in business.
The first deliveries of the vehicle are scheduled to start in late 2017, and it can be ordered in advance in dozens of countries, including the UK, Ireland, Brazil, India, China and New Zealand.
PRICES ==> The Vehicle range around $35,000 (£24,423)
Charge Strength ==> If fully Charges, range around 215 miles (346km) per charge.
Tesla delivered 50,580 vehicles last year. Most of those were its Model S saloon. It left Tesla with cash reserves of $1.2bn, down from $1.9bn a year earlier. According to Jessica Caldwell,
"For a long time there had been questions about the long term viability of Tesla... with niche products like the Model S and the Model X, it hasn't been hitting any sales targets that would sustain its business.
"So, launching what it hopes will be high-volume vehicle is going to show if it can become a fully-fledged auto company that will succeed in the long-term rather than one that pumps out a few cool cars and then goes bust, as we've seen happen with other electric car start-ups such as Fisker."
To a very large extent we cannot say Electric cars are Feasible in developing countries. Reason being for the fact that These electric cars come with wooping challenges such as finding a place to recharge the Electric car, Power sustainability and maintenance difficulty. Most developed countries have good roads to enable this electric cars run smoothly. Cost of these electric cars are not the main challenges for now