Tesla has reportedly scrapped plans for a low-cost electric vehicle (EV), as an alternative concentrating on a “robotaxi”, based on Reuters citing unnamed sources and internal messages sighted by them.
If true, this shift occurs amid significant competition from Chinese EV manufacturers like BYD, who offer vehicles at much lower cost points, resembling the BYD Seagull and the BYD Dolphin.
The reportedly-canceled entry-level automotive, sometimes known as the Model 2 or “Redwood”, was anticipated to start out at around US$25,000. Reuters also says it was called the project NV91 internally and H422 externally.
A call to refocus on a robotaxi as an alternative might need come about resulting from increased confidence in Tesla’s Full Self Driving (FSD) capabilities, as user feedback on the brand new overhauled V12 powered by end to finish neutral networks has been overwhelmingly positive.
In Malaysia, Full Self Driving has been offered as a RM32,000 option in Malaysia, but we cannot use it yet.
The post Tesla “Redwood” to be a pure robotaxi, “Model 2” H422/NV91 cancelled, no US$25k low-cost automotive – report appeared first on Paul Tan’s Automotive News.
This Article First Appeared At paultan.org
