AK47 gun maker moves into electric cars to take on Tesla

The maker of the world's most popular assault rifle is aiming to take on the maker of the world's most popular electric car with the launch of its own vehicle. Kalashnikov Concern, which is most famous for producing the AK47, unveiled the CV-1 "super car" at an event near Moscow on Thursday. "This technology will let us stand in the ranks of global electric car producers such as Tesla and be their competitor", a spokesperson for the Russian manufacturer said. The spokesperson said that Kalashnikov hoped its electric car was "at least able to keep up" with Tesla, though it is unclear what advantages the CV-1 has over Tesla. The CV-1 is based on the Soviet hatchback Izh, a popular vehicle in the 1970s that was noted for its durability and off-road capability.