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Tesla Faces More Competitors With Rise Of Electric Cars

07 Mar

Tesla Motors Europe, Tesla Motors emissions

After the Volkswagen emissions cheating scandal, the rivals of Tesla are rising in the automotive industry to meet the regulatory requirements of the EU.

A large number of car manufacturers are challenging Tesla Motors. With diesel’s future in question following the emissions-cheating scandal of Volkswagen AG, electric vehicles that have not strived to find purchasers in the European region are ultimately being endorsed by significant automakers now.

At the recently held Geneva International Motor Show, vehicle manufactures from upscale Mercdes-Benz of Diamler AG and mass-market PSA Peugeot Citron promised to challenge the American electric carmaker with cars that have lower prices and longer ranges.

After putting aside the technology in recent years amidst slow demand, the revival of the interest in electric vehicles is essential for automobile manufacturers to abide by the tighter regulations of the European Union for emission levels of carbon dioxide from 2020 onwards.

Opel is a unit of General Motors. The German automaker aims to launch out the Ampera-e in 2016.It’s first battery powered vehicle since its plug-in hybrid 2011 Ampera, which was unable to attract purchasers due to high price.

The efficiency of diesel engines is typically 25% greater compared to gasoline versions which makes them essential to lower down emission levels of CO2, but Volkswagen’s disclosure that it cheated on diesel laboratory tests for years rises scrutiny of the automotive technology and challenges the plan to satisfy regulatory requirements.

This leads to the unavoidability of the once-eschewed battery vehicles for the company, even if buyers are not biting yet. CEO of Peugot, Carlos Tavares, said, “You see a very nice trend about electric vehicles, so we are developing our own technology and we are happy with that.”

The French company, which presented the electric off-road prototype Citreon E-Mehari in Geneva, depends largely on diesel technology. Its initial electric cars – Citreon C-Zero and Peugeot iOn – were rebadged versions of Mitsubishi Motors Corp.’s i-MiEV.

In the meantime, Volkswagen has turned electric automobiles into its linchpin of its plan to recover from the recent crisis, speeding up its move to add 20 additional battery-powered and plug-in hybrid vehicles to its offering by 2020. This includes Audi crossover and the first battery-powered automobile for the Porsche sports car brand. It promises new upgrades in technology that includes ranges of over 310 miles (500 km) by the end of decade.

CEO of Volkswagen Matthias Mueller spoke in Geneva, “Charging will only take as long as a coffee break,” instead of taking a large amount of time. And in the long term, an electric car will cost less than a car with an internal combustion engine.”

Such advances in technology will eventually help electric cars, but meanwhile demand is low, with environment-friendly automobiles contributing to only 0.68% of deliveries in west Europe, revealed Automotive Industry Data limited. Most of this demand comes from Norway, where generous perks are enjoyed by electric cars like free charging and tax exemptions.

In Germany, where benefits are limited, just more than 30,000 units have sold up till now.

 

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Posted by on March 7, 2016 in Technology, Tesla Motors

 

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