7 New Electric Cars Compete with Tesla

Tesla, led by entrepreneurial maverick Elon Musk, is at the forefront of electric vehicle manufacturing and in the second quarter of 2021. Out of a total of 2021, Tesla produced 204,081 Model 3 and Model Y vehicles, its most popular mid-range cars. Tesla beat its previous record this quarter, despite and price increases. Tesla is looking at a possible future of producing as it crosses over the 500,000 mark. Demand for Tesla cars is growing so much that the company is building two more factories in . While Tesla is making great strides across 2021, its Model 3 and Y aren’t the only popular electric cars, so let’s take a look at how these 7 new electric cars compete with Tesla in the everyday electric vehicle market and get an idea of the electric cars we will see in 5 years.

Porsche Taycan

The Taycan is and there are featuring different batteries and driving capabilities. The is a rear-wheel drive 79kWh battery, while the Taycan 4S has an extra e-motor on the front with all-wheel drive and the same size battery, and the Taycan Turbo has a 93kWh battery. The car can and the charging time is around 22.5 minutes to reach anywhere between 5 and 80%, depending on the charger.

Honda e

concept is their first purely electric car, the Honda e. Made for running around the city, the with rapid charging capabilities. There are a variety of bells and whistles that come with this interesting car, including and an app to pre-condition the car. The Honda e fulfills a need for in the market.

Polestar 2

Polestar was once but has now transformed into their electric vehicle range alongside Chinese automaker Geely. The is the Standard Range Single Motor vehicle, with a range of 273 miles and a 64kWh battery. The brand is aiming for in this range and has endowed the model with seamless features.

Audi e-tron GT

The is the first electric Audi to don the RS badge. The sleek , while the RS e-tron GT is a step above. Both models offer four-wheel drive with a 93kWh battery. The , while the RS has a top speed of 155mph.  

Ford Mustang Mach-E

In classic Ford style, the vehicle featuring either a 76 or 99kWh battery. The vehicle has one of the , boasting up to 370 miles. The but the GT version that is next on the cards for 2021 will be 480bhp and able to hit 0-62mph in 3.5 seconds.

Hyundai Kona Electric

The is a small crossover front-wheel drive SUV. It’s Hyundai’s affordable and comes in two options: the 39.2kWh battery with a range of 189 miles or 64kWh battery with a range of over 300 miles. The car has recently , giving it a newer and more modernized look.

BMW i3

The is a premium small EV that rules its sector of the markets by being forward-thinking and on-trend. The and has 170hp, which means it can go 0-62mph in about 7.3 seconds. The zippy BMW has a and also comes in a sports range.

With the global shift towards electric vehicles, it’s exciting to think about the electric cars we will see in 5 years. Many investors may see this as rife with both opportunities and risks to , or Contracts For Difference. CFDs allow you to take advantage of price movements in both directions—increases and decreases—without having to purchase the underlying asset (in this case, any actual shares).

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