auto

Milrem Robotics Rolls out its New Type-X...
January 14, 2021
Ex-Nissan Exec Says Automaker Sought to ...
January 13, 2021
Tesla enters Indian market, opens office...
January 13, 2021

autoFebruary 26, 2020

Electra to launch its first electric vehicle in Q2


Lebanon-based Electra, an EV technology firm, is looking to outperform, out price and outclass the current electric vehicle (EV) market by building an ecofriendly supercar fit for the mid-range consumer.

The ultimate symbol of strength and renewal, Electra is built with the finest EV technology available.

The priority for Electra is to replace the current ICE (internal Combustion Engine) car market to Electric Vehicles by 50 per cent therefore having a greater impact on the Environment rather than super profits for the company, a statement said.

“While watching the market for electric vehicles we noticed that either the EV cars were very expensive or not appealing in look to the customer base, in order to increase customer interest, we decided to design and build a car that will be ranked as a supercar, but still be affordable to the medium budget client,” said J Mohammad, founder EV Electra.

Electra said it is planning its first appearance in the second quarter (Q2) of 2020, with booking to start soon after.

tradearabia