U.S. Markets open in 7 hrs 41 mins
  • S&P Futures

    4,116.00
    -4.25 (-0.10%)
     
  • Dow Futures

    33,628.00
    -3.00 (-0.01%)
     
  • Nasdaq Futures

    13,777.75
    -31.00 (-0.22%)
     
  • Russell 2000 Futures

    2,224.40
    -6.20 (-0.28%)
     
  • Crude Oil

    59.91
    +0.21 (+0.35%)
     
  • Gold

    1,725.30
    -7.40 (-0.43%)
     
  • Silver

    24.77
    -0.09 (-0.37%)
     
  • EUR/USD

    1.1895
    -0.0023 (-0.1903%)
     
  • 10-Yr Bond

    1.6750
    0.0000 (0.00%)
     
  • Vix

    16.91
    +0.22 (+1.32%)
     
  • GBP/USD

    1.3737
    -0.0005 (-0.0357%)
     
  • USD/JPY

    109.6990
    +0.3230 (+0.2953%)
     
  • BTC-USD

    60,781.55
    +522.84 (+0.87%)
     
  • CMC Crypto 200

    1,297.83
    +3.25 (+0.25%)
     
  • FTSE 100

    6,889.12
    -26.63 (-0.39%)
     
  • Nikkei 225

    29,759.57
    +220.84 (+0.75%)
     

Audi Unveils All-Electric E-Tron GT With All-Wheel Steering, 238-Mile Range

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Benzinga EV Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Audi has unveiled its newest electric vehicle. After the Audi e-Tron SUV, Audi is going for the sports sedan segment.

The new e-Tron GT features 238 miles of EPA-rated range from a 93.4-kWh battery pack, 270-kW max charge rate, up to 637 horsepower and a drag coefficient as low as 0.24. The E-Tron GT will be available for purchase in the U.S. starting summer 2021.

Audi aimed to make a stylish sports sedan, while also keeping drag low to help with range and efficiency. The car looks similar to the Porsche Taycan, but at a lower cost.

The lowest trim level is $99,900, while the high end RS e-Tron GT will cost $139,900. These prices don't include taxes and other fees.

The 93.4-kWh battery has an 800-volt architecture. This allows the car to charge at up to 270 kWh, slightly faster than Tesla Inc's (NASDAQ: TSLA) 250-kWh current max charge rate.

Audi advertises it can recharge the battery from 5%-80% in just 22.5 minutes. This is equivilant to adding approximately 180 miles of range in that amount of time.

Benzinga's Take: While the vehicle has nice, high end looks, the stats leave a lot to be desired. Tesla's $79,990 Model S has a range of over 400 miles, a faster zero-to-60, top speed and other features.

Tesla's $139,900 version of the Model S, set to be released later this year, will have a range over 500 miles. This makes the sub-250-mile range of the similarly priced Audi quite embarrassing.

The stats are more similar to Tesla's Model 3 Performance, which which has far more range (315 miles) and can be had for as little as $54,990.

Click here to check out Benzinga’s EV Hub for the latest electric vehicles news.

Photo courtesy of Audi.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.