Via EE Times: Following the introduction of its first electric car, startup Tesla Motors on Jan. 8 dropped hints about a next-generation sports sedan for the 2009 time frame. The car will boast the equivalent of 110 miles per gallon and will continue to use off-the-shelf lithium ion batteries. According to Winding Road the sedan is said to take on the BMW 5-Series, the rear-drive vehicle will be sold globally, with a more ambitious volume target of 10,000-20,000 units per year. The as-yet-unnamed second model will likely ride on a chassis made of lightweight steel. The sports sedan will cost between $50,000 and $75,000 and have room for five adults and a full-sized trunk.
The electric car startup is also looking to manufacturer the sedan in the United States and is seeking a new round of venture capital funding.
Last year, the company introduced its first electric car, the Tesla Roadster, shown in photo. The roadster boasts the equivalent of 135 miles per gallon and a range of 250 miles on a single charge. Based on an off-the-shelf lithium-ion battery, the electric sports car is capable of accelerating from 0-to-60 miles per hour in about four seconds. The car, which sells for $92,000, will be produced in limited volumes and is already sold out for 2007. The company reports that it has sold 270 cars since its introduction.