The auto making giant could be facing serious competition from German auto maker Audi which has announced plans of making a new SUV of its own.
Tesla Motors has been the pioneer in the electric car making business and has earned a lot of fan following and faithful customers with its EVs that have determined customers satisfaction to no end. The auto making firm has shown how much the EV industry’s potential is and how the firm has gained over the period of time by selling the idea along with high technology smart cars to the public who have only emerged to love the cars without many complains. However, following the success story of the firm, many other auto companies in the industry have shown interest in making smart cars as well which just shows that Elon Musk’s firm has actually managed to make a whole new trend in the auto industry which with a completely new technology to support it. At the much talked about Frankfurt Motor show, it was seen that German auto making company Volkswagen AG subsidiary, Audi and Porsche announced to the show audience that it will be releasing EVs which are backed up by completely new ideas and concepts which will result in making the firm’s car different than the ones having launched in the market already. As per a news report published by Reuters, it was see that the audience was made excited to no extent when all these announcements were made by the firm and the e-tron quatrro concept that the auto maker is reportedly working on for its own electric car turned quite a lot of heads at the motor show. Audi will be working on its first sports utility vehicle ever and the new technology that it has decided to put into action for the project seems to gaining some great reviews from critics. This car will be able to run a massive 500 km with a single full charged electric battery, which again is something that Tesla cars should be taking into consideration. Even though the dominance that Tesla business has in the electric car making industry cannot be matched at this time, but if other giants like Audi and Porsche start a proper business of making EVs in the future, chances are that the firm ends up in some trouble after all. Musk’s company started with making luxury cars in the first place with a very high price tag but with the passage of time, it can be seen that the firm is now considering making cars that are almost half the price of the Model S cars but is fueled by an electric battery only.
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