A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Tesla Motors Inc Should Watch Germany, Not Detroit for Competition

Detroit can’t seem to get electric vehicles right. The Chevy Volt by General Motors (NYSE: GM ) is only half electric and isn’t inspirational for the high-end market that can go electric. The Nissan Leaf would leave even the shortest commuter with range anxiety. And the Ford (NYSE: F ) Focus Electric doesn’t quite provide enough range or excitement to be a real competitor.

While Detroit leaves the high end of the EV market to Tesla Motors (NASDAQ: TSLA ) , instead focusing on cheaper models, there’s one company building the capability to compete in the top end of the market. BMW’s (NASDAQOTH: BAMXY ) i-series is the first step into the EV market, and it brings performance and new technology to the equation.

The i3 is BMW’s longer-range, lower-cost model, while the i8 is a hybrid that can perform with the Model S in almost any performance category. There’s no doubt Tesla has a head start on BMW, but this is an auto giant with a loyal following and if it keeps pouring money into developing EVs it will be the first major competitor to Tesla’s dominance.



Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.