Audi’s electric crossover boasts range topping Tesla’s model S
By Bloomberg
Audi AG is stepping up pressure on Tesla Motors Inc. with plans to show an electric crossover with a range exceeding the Model S.
Audi’s E-tron Quattro concept, which will be unveiled next month at the Frankfurt auto show, can drive more than 500 kilometers (310 miles) before needing to recharge, the Ingolstadt, Germany-based carmaker said Wednesday in a statement. That compares to Tesla’s stated limit of 270 miles for the Model S.
The display car is equipped with three electric motors and includes components at the front, side and rear to improve aerodynamics and extend the driving range. The E-tron concept is a precursor for an electric sport-utility vehicle that Audi plans to start producing in 2018.
Tesla, run by billionaire Chief Executive Officer Elon Musk, is seeking to sell about 2.7 million shares to give itself breathing room as it prepares to start shipping the Model X SUV, its second model. The company, increasingly a threat to larger luxury-car brands like Audi because of the allure of its vehicles, hasn’t said how far its electric SUV will be able to go on a single charge.
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