Kalashnikov launches electric auto

Maker of AK-47 unveils electric car concept	 	 	 			The retro design of the CV-1 is based on a popular Soviet-era hatchback

"This technology will let us stand in the ranks of global electric auto producers such as Tesla and be their competitor", a spokesman for Kalashnikov Concern said.

The makers of the infamous AK-47 assault rifle have made a new electric vehicle.

Russian arms maker Kalashnikov has launched a concept electric auto inspired by a rare 1970s model, claims that the new technology will rival Elon Musk's Tesla.

Russia's biggest gun manufacturer is looking to take on Tesla with its new electric concept vehicle. One example is vacuum producer Dyson, which has invested heavily in electric vehicles.

The retro pale-blue prototype is modelled on a 1970s hatchback called the Kombi - produced by Soviet Manufacturer Izh.

A prototype of the electric vehicle, dubbed the CV-1, being developed by Russian firearms manufacturer Kalashnikov. It's said to have a "revolutionary" inverter for the electric motor and a driving range of 350 kilometers (217 miles) per charge. Despite its retro appearance, the CV-1 packs a modern electric engine and a 90 kilowatt-hour battery.

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Considering EVs is the future, expect Russian Federation also to be aggressive and a company like Kalashnikov leading the development of EVs with its range of expertise in guns, tanks and even robots.

It is also noted that on 7 August, the founder of Tesla have published several reports about the possible withdrawal of the company from the stock exchange in his microblog on Twitter.

The arms maker claimed that CV-1 has been developed using "cutting-edge elements" that should be present in an "electric supercar".

No prices are available for the Russian vehicle as yet, so it may be able to take on Tesla's "budget" Model 3 ($35,000) on that front.

Kalashnikov has for a time been trying to expand its brand beyond that of an arms manufacturer, launching an eclectic mix of products such as lines of clothing, umbrellas and mobile-phone covers.

While Kalashnikov will probably be keeping the details on its new project under wraps until the time is right, the Internet is having a blast with its prototype unveiling.

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