Drako Motors luxury electric SUV with 2000 hp “more like a spaceship.”

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Electric vehicle startup Drako Motors today announced the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon super-SUV.

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The San Jose, California-based automaker said the Dragon accelerates from 0 to 60 mph in 1.9 seconds using its own DriveOS four-motor powertrain and DriveOS automotive architecture. According to the company, the individual torque control and three-stage suspension makes the Dragon “less like a car and more like a spaceship.”

Draco Dragon

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Draco Dragon

Little is known about the Dragon’s price, delivery date, or power reserve.

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“Drako does not disclose production and delivery volumes,” a company spokesman said. TechCrunch. He added that the Dragon’s price will be “competitive” for the super SUV market, which “gives a strong hint at the fact that the Drako Dragon super SUV will be significantly cheaper than the limited edition Drako GTE supercar.”

Tesla, Polestar and other EV manufacturers large and small started by building an expensive, limited-production halo car that would be profitable to produce mass-market electric vehicles. But it’s unclear if this strategy is part of Draco’s strategy. “At this point, Draco is not commenting on future products,” a spokesperson said.

The company declined to say whether all of the 25 Drako GTE supercars it has produced have been sold and delivered to customers. His unknown performance history makes it difficult to sell a sophomore nameplate.

Draco Dragon

Draco Dragon

“Without brand recognition or pedigree to lean on,” said Jack Shea, an analyst at Snow Bull Capital. “Drako will need to outperform its competitors on every measure of performance, price and luxury to stand a chance of competing in this segment.”

An early entry into the super SUV segment could help Draco gain a foothold in the fast-growing category. Ferrari will will release its first SUV in 2023 but an electric car will not enter the market until 2025. Rimac learning to build electric hypercars, starting with his $2.4 million 1914-horsepower Rimac Nevera. Bentley, Rolls-Royce and Lamborghini run lucrative SUV divisions with an eye on electrification.

“Bentley, Rolls Royce and Lamborghini had record annual deliveries last year, mainly due to strong demand for each company’s respective SUVs,” Shi said. “The Drako will be the first true high-performance electric SUV in this segment, and these SUVs have huge margins that add to the bottom line.”

The company said the Dragon will debut later this year, “car reservations will open soon.”

Draco Dragon

Draco Dragon


Credit: techcrunch.com /

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