Tesla Rival Rolls Out Luxury Super-Sports Sedan


A new fully electric super-sports sedan challenges the Tesla Roadster premium sports car. Tesla (TSLA) , the leading electric vehicle maker in the world, is way ahead of its competition in production and should deliver over 1 million EVs this year.

The Austin, Texas, EV giant produced and delivered more fully electric EVs than any other company in the world in the first half of the year with 563,987 produced and 545,884 deliveries. Its Chinese rival BYD had claimed to have sold the most plug-in new energy vehicles in the first half, but it only sold about 323,519 fully electric vehicles in the first six months. BYD sold 638,157 plug-in, new energy vehicles that included about 314,638 plug-in hybrids in the first half of 2022.

Tesla rivals may not be producing and delivering as many EVs, but its premium EV competitors sometimes roll out some new products that Tesla has not yet produced. Nio (NIO) , which delivered 25,059 vehicles in the second quarter, in June rolled out its ES7, a new mid-large five-seat smart electric SUV. The ES7, which sells as low as about $69,700, is the first SUV product based on NIO’s latest technology platform Technology 2.0 and was set for delivery in August.On the very high end of premium EVs, the Croatia-based Rimac Nevera hypercar, clocks 0 to 60 mph in 1.85 seconds, reaching 256 mph with enormous 1,914 horsepower and sells for about $2.27 million to $2.5 million.

Source: this news is originally published by thestreet



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