More Roadsters Coming: Tesla, Lotus Extend Production Contract

Tesla Motors and Group Lotus have recently announced an extension of their partnership designed to help the EV automaker avoid a potential shortage of its only model, the Roadster.

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Tesla was facing at least a one-year hiatus in Roadster production,mostly because oftooling changes at one of its suppliers. In order to help bridge the gap, Tesla approached Lotus about extending the initial production run. As a result, the Lotus factory in Hethel, England, will continue to assemble the Roadster through December of 2011, ultimately producing another 700 cars for a total of 2,400 units. The move will help Tesla fulfill Roadster orders between 2011 and 2012.

As has always been the case, Lotus will continue to produce “gliders” for Tesla. Roadsters are shipped from Hethel to Tesla’s facility in Menlo Park, California, where the batteries, motor, and other powertrain components are installed as part of final assembly.

Although the company will eventually take a break in Roadster production to focus on launching its Model S electric sedan, the Roadster won’t fade into the background. Tesla plans on launching a revised Roadster most likely based on the next-generation Elise, but only after the Model S makes its way into production, which Tesla is targeting for sometime 2012. Of course, they’re going to need to find a factory, first…

Source: Reuters

By Andrew Peterson