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By davidrann, Apr 3 2016 08:53AM

Few cars have been met with more anticipation than the Tesla Model 3. For the unveiling, Tesla invited a crowd of Tesla owners and potential Model 3 buyers, along with members of the press, to the SpaceX headquarters in Los Angeles, California. Founder and CEO Elon Musk took the stage before the eager crowd not only to reveal the new low-priced, mass-market electric car, but to talk about how Tesla got to this point.

The Model 3 will go head-to-head with the established big sellers in the compact executive car class the release date is set for the end of 2017 with a starting price of $35,000 (£24,400) in the US. It will count cars like BMW’s 3 Series, Audi’s A4 and the Mercedes C-Class as rivals but that low price for a fully electric car will set alarm bells ringing at the German firms and across the industry. The Model 3 is likely to be closer to £35k by the time it arrives in the UK but with the plug-in car grant factored in, it will still be very competitively priced.

By davidrann, Dec 13 2015 11:19AM

Ford says it will invest $4.5bn (£3bn) to expand its fleet of plug-in and hybrid electric vehicles, and will start selling 13 new electric models by 2020.

That will include a new Ford Focus that charges more quickly and has a longer range, the US car giant said.

It also intends to move into the commercial ride-hailing market occupied by firms such as Uber and Lyft.

The market is worth $5 trillion, the company said.

The initiatives are part of a broader effort by chief executive Mark Fields to counter firms offering alternatives to car ownership and regulators who want vehicles to emit less carbon dioxide.

Mr Fields said the company wants 40% of its vehicles to have electric versions by 2020, up from 13% now.

The new Focus will take an 80% charge in 30 minutes, about two hours faster than the current version, Ford said. It will also have an estimated 100-mile range, as opposed to 76 miles.

The firm also plans to introduce a Mondeo hybrid and a C-Max Energi plug-in hybrid in China next year.

Ford currently sells electric, hybrid and plug-in hybrid versions of its Focus, Fusion, C-Max and Lincoln MKZ cars.

Ford also wants to expand an employee van-hailing service beyond its sprawling corporate campus, and develop it commercially.

"The market for vehicle miles travelled is $5 trillion," Mr Fields said. "We get zero of that."

Ken Washington, Ford's vice president of research, said: "Our vision is to be a mobility service provider, beyond building a vehicle that would be in somebody else's fleet. We see this as a business we want to be in."

Ford Focus
Ford Focus

By guest, Nov 19 2015 09:50AM

Welcome to Smart Power Electricals new website. We will be making continual improvements over the next coming Months.