Tag: Tesla
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A $3,850 China EV? Seriously?
As automakers in the US and Europe scramble to come up with more affordable electric cars, a little-known Chinese automaker named Zhidou has lowered the bar again with a cute micro EV called Rainbow. Price: $4,400, with a discount for early-bird buyers that drops the sticker to an unbelievable $3,850, according to CNEVpost.com. Zhidou’s achievement…
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Another affordable Tesla: Late again?
I remember the last time Elon Musk promised a low-priced Tesla. It was 2014 and the promise involved a compact electric sedan dubbed Model 3 that would be priced from $35,000 before tax incentives. If you’ve been reading about the next “affordable” Tesla — the so-called Project Redwood vehicle that’s targeted for a $25,000 sticker…