Teardown of Tesla Model 3 points to total potential cost of $28,000
German magazine WirtschaftsWoche has revealed in a recent report that an automaker engineering firm in the country has completed a teardown of US electric vehicle maker Tesla Motors Model 3 electric car.
The report highlights the apparent interest of yet another automaker engineering firm to get some insights into the Tesla Model 3 technology. Already, some earlier reports have revealed that several Tesla rivals have purchased Model 3 vehicles to try as well as to learn about the underlying technology.
According to the WirtschaftsWoche report, the German engineering firm which has completed the Tesla Model 3 teardown had purchased Model 3 vehicles on the used market to benchmark and rip apart, in order to know the potential cost of the vehicle to the manufacturer.
Going by the cost analysis reportedly carried out by the German engineering firm, the total potential cost of Tesla Model 3 is only $28,000; with the cost of materials and logistics being $18,000 and the labor costs being $10,000.
On the basis of the cost analysis of the Model 3, a test engineer for the German engineering firm said that as per his opinion, the vehicle could turn out to be fairly profitable for Tesla Motors. The test engineer further added that if Tesla manages to achieve the Model 3 production target rate of ‘10,000 units per week’, the vehicle will make a notable positive contribution to the company’s earnings.
According to a recent disclosure by Mitsubishi Motors, the company’s new 2019 Outlander PHEV -- a plug-in hybrid SUV -- will come with some noteworthy upgrades, including a ‘slight increase in battery capacity, in order to enhance the range of the
US electric vehicle maker Tesla Motors has released some new footage this week, showing that the first prototypes of the company’s Tesla Semi electric truck are presently in their test program, before the electric truck hits production.
According to a recent confirmation by Swedish automaker Volvo’s design chief Thomas Ingenlath, the first fully electric car to be launched by the brand will be an electric version of the XC40.
Tesla electric vehicle owners will now be able to remotely limit the speed of their vehicles, thanks to a new mobile app update which is being released by the automaker alongside a vehicle software update.
In a recent announcement, Daimler has revealed that its Mercedes-Benz Energy subsidiary and partners have converted a recently-shuttered coal power plant into a massive energy storage facility, with the help of more than one thousand modules from
In Ontario, the incoming Progressive Conservatives government will phase out an existing electric-vehicle rebate program, under which rebates of up to $14,000 are available to consumers on the purchase of electric vehicles (EVs).