An Energy Research analyst predicts that the new electric Model 3 will be able to offer 225 miles of driving range out of a single charge.

We are literally hours away from the official reveal of the Tesla Model 3, with reports and rumors continuing to pile up about the brand’s most-eagerly awaited car.

Sam Jaffe, an analyst at Cairn Energy Research Advisors predicts that the aforementioned EV will have new 65kWh battery pack which will give the Model 3 a 225-mile driving range. According to his report, the new cells will offer roughly 35 per cent more energy than the cells in the Model S and Model X, giving Tesla the edge on the race towards a long-range electric vehicle over other competitors.

He also says that car-sharing can become one of the most important parts of Tesla’s business model, thanks to autonomous technologies like ‘summon mode’. This allows the car to drive itself at a low speed from a parking spot to its owner, with Jaffe saying that if the company expands the function of the system to larger areas -say an entire neighborhood, they could make their cars the perfect candidates for sharing users.

“Tesla Motors will become a major player in the car-sharing market,” Jaffe said, noting that the company “controls both the vehicle technology and has the software development capabilities to control the software platform that would be at the heart of such a service.”

All this happens as customers already line-up outside Tesla stores around the globe to place their orders for the Model 3, reminding to some people scenes of long queues outside Apple stores.

Elon Musk tweeted earlier that today’s reveal will be just ‘Part 1’ of the Model 3 reveal, with the future ‘Part 2’ to better represent the final production version, confirming our reports.

Tomorrow is Part 1 of the Model 3 unveil. Part 2, which takes things to another level, will be closer to production.
— Elon Musk (@elonmusk) March 30, 2016