The rising demand for automobiles is pushing many entrepreneurs to come up with their own car companies. Although, there is lot of competition in the automobile sector there are new companies coming up that are ready to take up the challenge and beat some of the top players in the market. Let’s take a quick look at some of the top upcoming automobile companies that have come up with innovative and new vehicles to offer more options to the consumers.
Founded in 2003, this Silicon Valley automobile company manufacturing and sells electric cars that have been one of the popular vehicles in the market. The company initially came up with Tesla Roadster which became the first all electric sports car with the range of 245 miles per charge. The company soon launched their Model S which is a sedan that competes some of the top contenders like BMW 5 Series and Audi 6. The company also announced the new Model X which would enter production in the year 2013.