Nother CarGuy

Soon after debuting its  bold EP9  and confirming it as the fastest electric vehicle to ever lap the  Nurburgring , Chinese company NextEV says it is already preparing a rival to the Tesla Model X. While the EP9 will hit the production line, it will be extremely expensive but moving forward, the company will launch affordable models. Its  Model X rival  will be the first of them and is expected to debut late next year. Speaking with  Automotive News , company co-founder Jack Cheng said that the electric SUV will use a 70 kWh battery pack and be able to achieve 330 miles on a charge over the European testing cycle. Perhaps of more importance than offering a range similar to the Model X in Europe however is Cheng’s assertion that it will be significantly cheaper than its American rival. “It'll be positioned at Audi and BMW but with a Toyota price,” Cheng said, confirming that sales in the U.S. will commence in 2018 or early 2019. Helping to bring the NextE...

NextEV is planning to release a new McLaren P1-rivaling hypercar by the end of next year. The Chinese-backed NextEV company is headed by former president of Ford of Europe Martin Leach and also runs a Formula E team. They won the Formula E drivers’ championship with Nelson Piquet Jr. in 2014-2015. The NextEV supercar is reported to have performance to rival the likes of the McLaren P1 and LaFerrari. It will also likely rival both cars in terms of price as well. The car has reportedly been under development for the past two years in Munich. “The first car is designed to attract attention and to show what we can do from a technology standpoint,” Leach said. “But we will ultimately offer a wider range of models.” The NextEV hypercar will be launched in Europe by the end of next year. We will keep you updated as we hear more.