Audi Concept Electric SUV Could Have 300-Mile Range - Hollywood Reporter

In another confirmation of the increasing competitiveness in the luxury electric automobile field, Audi on Wednesday released a sketch of its e-tron quattro concept. The low-silhouette SUV will be sized between Audi's Q5 and Q7 and have a range Audi claims will top 300 miles, placing it in direct competition with Tesla's Model X electric SUV, which goes on sale in September after years of delays. Audi will unveil the concept in September at the International Motor Show in Frankfurt. Speaking at the annual Allen & Co media conference in July, Telsa Motors CEO Elon Musk said that the Model X would double Tesla's annual sales, Bloomberg reported. Musk earlier set a goal of selling 500,000 vehicles annually by 2020, when the Model X and Model 3, a lower-priced volume sedan expected to debut in 2017, will be in full production. According to a report cited by Car & Drive r, Porsche could unveil a long-range electric-powered derivation of its popular Panamera sports sedan at Frankfurt, which would give the Model S its first direct competition. Source: www.hollywoodreporter.com