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Tesla Motors to Lease EVs in Europe

If you have been following the evolution of the electric car over the past few years, there is no doubt that you are familiar with Tesla Motors. Founded in 2003, the company strives to provide affordable EVs that make use of the best technologies in order to cut fossil fuel dependence and reduce carbon emissions.

While the vehicles have been available throughout Europe since their release, many have been reluctant to purchase the vehicles due to high price tags and a bit of range anxiety. In late July of 2011, however, Tesla Motors, in conjunction with Athlon Car Lease, announced an agreement that would make both the Tesla Roadster and the Tesla Roadster Sport available for lease in Europe. Furthermore, the companies already have plans to include the Tesla Model S in their lease agreement when the car is released in Europe near the end of 2012.

The Roadster is currently the only highway capable serially produced EV on the market that has a range of more than 300km, and the Roadster has much to offer. It is the first vehicle to be produced by Tesla, yet it can already boast greater acceleration than EVs costing nearly double the price as well as more than twice the range of EVs that are still in the production and planning stages. When the Model S hits the market, with even greater range and the ability to charge in only about 45 minutes, there is no doubt that it will change the EV market in Europe. While the Model S will carry a higher price tag, it will offer seating for five as well as a remarkable amount of cargo space, something that most entrants into the EV market so far have lacked.

The partnership between Tesla Motors and Athlon Car Lease simply makes sense. Athlon has been working to change the car leasing industry to help promote greater sustainability, which is also the key goal for the engineers behind Tesla Motors. This partnership has the capability to revolutionize Europe’s vehicle leasing market, and there are few who doubt that the partnership will have a positive and lingering effect. Athlon Car Lease is currently active in nine European countries, and since the cars will be first available for lease in populous areas where recharging stations are available, the long term effect when the benefits of EVs become apparent could indeed spread throughout a significant percentage of Europe.

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EVCARCO, Inc. (OTCBB: EVCA) (OTCQB: EVCA) is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.


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