Tesla is planning to launch a new electric hatchback in the international market. The hatchback will reportedly be based on the popular Model 3 sedan, which is quite popular in the North American markets. The brand is like to position the new electric hatchback below the Model 3 and name it Model 2. Expect the Model 2 to make its debut around 2023. The new Model 2 hatchback is likely to be priced at around USD 25,000 in the US and approximately GBP 18,000 in the UK.
The Tesla Model 2 is likely to come with a battery capacity of less than 50 kWh. The battery-electric car is also likely to come with a range of around 250 miles (402 km) on a single charge on the EPA cycle. The battery range and size will allow Tesla to compete with the Volkswagen ID.3 and the Nissan Leaf.
Tesla is also developing a new type of battery technology. Last year Tesla CEO Elon Musk revealed that the future of electric vehicles depends on affordable battery batteries. The newly designed batteries are likely to enter production as soon as 2022. The new battery will chuck the conventional ‘Tab’ format and cost as low as USD 100 per kWh. The new battery technology is likely to reduce the manufacturing cost by around 50% and provide five times more energy and 16% more range. Will Tesla employ this new battery technology on the Model 2 is still a question.
The brand is likely to target European customers with the new Model 2. The electric technology company is also planning to make its debut in the Indian market soon. Will the Model 2 come to price-sensitive India is still a question. Reports further suggest that Tesla will produce the Model 2 at the brand’s Berlin production plant in Germany, which is likely to commence operations shortly to produce the Model 3 and Model Y.
Also Read: Tesla Model 3 Road Testing in India Before Launch