Hyundai Commits To 2016 Launch Of Midsize Electric Car Powered By Next-Generation LG Chem Batteries
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The fact that the car is charging while on trailer after running out of battery suggests its not an PHEV, also apparently it has an EV only Sticker
So will we get 40k$ 200 Mile EV 1-2 years ahead of Model 3?
Not a Model 3 competitor, but maybe a Leaf v1.5 competitor. Signing with LG for battery cells to be delivered in 2016 means a chemistry that doesn't even have the specific energy of Tesla's cells in 2012. The Model 3 will likely have at least one generation beyond the current 90kWh battery pack. Otherwise, the engineers can't get the weight down enough on a pack that has enough capacity to make 200+ EPA miles, which is 50-60 kWH. Further, the costs are still high if Hyundai isn't signing up for enough cells. As it stands, Tesla will likely need the most advanced cell chemistry that balances capacity with power, some extreme aero tricks, the Gigafactory to drive down cell costs even more and so forth to achieve the Model 3.