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Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

Ford Fiesta eWheelDrive gets wheel hub electric motors

The Ford Fiesta eWheelDrive – a driveable research vehicle built by Ford and German specialists Schaeffler – may be a regular supermini in size, but it points towards a potential future EV which is much more compact and very manoeuvrable. Ford has taken a regular Fiesta and dumped its powertrain, replacing it with a battery bank where the engine would be and fitted a pair of in-hub electric motors on the rear wheels. But the plan is to build new cars with the batteries under the floor which frees up the space under the bonnet which can then be all but removed to create a very compact urban car that still has space for four.

Tesla unveils Model S electric saloon (2009)

By Ben Oliver First Official Pictures 27 March 2009 09:00 Tesla last night launched the Model S, a seven-seat electric hatchback capable of 60mph in 5.5 seconds, with a range of up to 300 miles and a charging time as low as 45 minutes. When it goes into production in 2011 the Tesla Model S will cost US buyers around $50,000 (£34,600) after a federal tax credit. Without a tax break, European buyers can expect to pay closer to £50,000.