Chinese Tesla competitor planning $106,000 EV roadster, report says
If this Chinese roadster is the future of EV sports cars, sign me up.
Chinese electric vehicle startup Qiantu Motor is planning to compete with Tesla -- and a slew of other Chinese EV upstarts -- with its all-electric K50 roadster, company chairman Lu Qun told Bloomberg.
Distinguishing it from the rest of the ever-increasingly crowded luxury EV market, the K50 will feature a carbon-fiber body and aluminum frame. This stands in comparison to the comparably priced Tesla Model S, which has both aluminum body panels and frame.
You May Also Like
The company, which is owned by Beijing CH-Auto Technology Co., plans to produce the lightweight roadster in the eastern city of Suzhou.
There's been such an influx of johnny-come-lately electric carmakers in China because the government is rolling out stricter vehicle emissions standards. On top of that, some cities are offering incentives as high as 100,000 yuan toward the purchase of a locally made car.
Since Tesla does not yet have a Chinese production plan, though company CEO Elon Musk has interest in building one, Chinese-made luxury EVs stand to benefit from a home court advantage.
Have something to add to this story? Share it in the comments.
Topics Cars
