They’ll use an AC electric motor from Ultramotive, an Australian company, which has 521 Nm (385 lb-ft) of torque, and will make their car lower than Tesla’s. Arcspeed’s battery will consist of 500 lithium ion phosphate units that will be mounted beneath the cockpit floor.
The price will also be lower than Tesla’s, as the company aims for an under $100,000 tag when the car will go on sale at the end of 2012.
As I’ve said a number of times before, competition is always good to progress, and Tesla now has to face more and more competitors who make cheaper cars. The Aussies are only one side of the equation, as the Chinese are coming from behind with even cheaper but possibly not-so-quality products, but which will, nevertheless, sell.
We’ll see what the future holds for Arcspeed. Watch the video below: