Tesla considering Ontario for its third generation electric car
October 12th, 2009 |
Posted by admin
Tesla Motors Inc. is planning to seriously consider Ontario when the time comes for mass-manufacturing it’s under $30,000 electric cars for sale. However the eventual decision will also depend on the value of the Canadian dollar at that time. The company is considering Ontario because the top bosses believe that it’s a great place to work, with a relatively stronger environmental sensibility compared to the U.S. The country relies mostly upon renewable hydro and nuclear energy for its electricity requirements. Moreover, the auto plants at Canada are known to be some of the efficient ones in North America.
However this third-generation car is not going to be put up in the market for five years. Tesla has delivered over 700 Tesla Roadsters priced at $110,000, and already achieved profitability. Its present electric car plans include mass manufacturing the second-generation Model S Sedan which is expected to be ready for sale in 2011 for a retail price of $57,000. The Model S which is going to run 500 km per charge with the ability to get recharged in 45 minutes, is touted as being the electric car that would be able to silence the critics of electric cars, as well as prove to the more established car companies that electric transportation is not just about hype.
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