Drako Motors, an electric vehicle startup based in Silicon Valley, first unveiled its GTE electric super sedan in 2019. The $1.25 million vehicle was said to pack 1,200 hp and intended to pose a direct challenge to Tesla and Lucid, both of which, since then, have released their own much more modestly priced electric sedans.
While auto enthusiasts patiently awaited the launch of Drako's supercharged sedan, the vehicle never made its 2021 release date. Now, it appears the company has returned to the drawing board to rework the model, giving it a new name, the Dragon. The company has officially released a range of teaser images of the Dragon with the plan to reveal the complete concept in January 2022.
So far, Drako has confirmed that the new vehicle will come with increased torque and an upgraded 90-kilowatt-hour, 450-volt battery that will deliver 200 miles of range with moderate driving.
Powerful Alternative Electric Sedans
Drako Motors Teases New Electric Sedan Dubbed the Dragon
Trend Themes
1. Luxury Electric Sedans - As more companies compete in the electric sedan market, there is an opportunity for luxury, high-performance electric vehicles like Drako's Dragon to disrupt the traditional luxury automotive industry.
2. Upgraded EV Batteries - Drako's new 90-kilowatt-hour, 450-volt battery with a range of 200 miles demonstrates an opportunity for improved EV batteries to emerge as a trend in the automotive industry.
3. Electric Performance Cars - Drako's Dragon and other high-performance electric cars present an opportunity for the sports car industry to shift towards eco-friendliness and embrace the future of electric mobility.
Industry Implications
1. Automotive Industry - The automotive industry can benefit from exploring and investing in technology advancements to remain competitive with the rise of electric and high-performance vehicles.
2. Energy Storage Industry - As the demand for EVs increases, there is an opportunity for the energy storage industry to invest in developing more efficient and cost-effective batteries for EVs.
3. Renewable Energy Industry - The shift towards electric mobility and more environmentally friendly cars presents a significant opportunity for the renewable energy industry to expand and lead the way towards a greener future.