News

EV groups welcome ‘Tesla Model 2’

Electric vehicle groups have welcomed the latest news of a new Tesla hatchback to the market as the latest teaser image is revealed.

Sitting below the Model 3, the new hatchback will become Tesla’s entry-level car, opening up EV ownership to a far bigger customer base.

It is expected to go on sale in the UK in 2025 at a price point around £25,000, making it by far the cheapest Tesla so far. It is also predicted to offer a range of around 250 miles on a single charge, which measures up well against rivals of a similar size.

The new vehicle will be built on a new platform which Tesla have hinted should half the cost of producing EVs.

With details of the new hatchback being teased on social media in recent days, many industry insiders pinpointed the investor event for this key announcement.

Tim Alcock from LeaseElectricCar.co.uk said any new vehicle launch by Tesla was sure to grab the attention of both drivers who have already converted to electric power and motorists who have so far remained loyal to the combustion engine.

He said:  “This new baby Tesla will really shake up the market. The launch of a new, compact entry-level Tesla is great news for electric car buyers. For many drivers Tesla is the brand they aspire to own but costs of entry have been high until now.

“We are expecting this new EV to be a compelling option for motorists keen to drive a Tesla but who have so far been put off by the cost. By making the brand accessible at a lower price point we feel thousands more drivers will be joining the ranks of the UK’s growing army of Tesla owners. We expect the new EV to be a huge hit for Tesla.”

Want the latest Electric vehicle news in your inbox? Sign up to the free EV Powered email newsletter...