The race for Tesla’s rivals to become electric cars is getting more competitive as legacy automakers unveil and produce new electric cars and retire their internal combustion engine models.
The list of automakers offering new electric cars is growing every day. First of all, Tesla (TSLA) – Get a free reportCEO Elon Musk said the company will deliver the new Cybertruck before the end of the third quarter of 2023, which will be sometime between the beginning of July and the end of September.
general motors (GM) – Get a free reportHe says that the new EV Silverado truck With a range of 400 miles it will be available for retail sales in summer 2024. In April, the GMC division unveiled its 2023 GMC Hummer EV 3X monster truck, as well as 2024 GMC Hummer EV Edition 1 and GMC Hummer EV 3X SUVs. Availability of GMC models will be revealed at a later date.
Forget Tesla—we’re all into this EV stock
Honda (Hamad Medical Corporation) – Get a free reportIt plans to introduce two EV models in 2024, the Honda Prologue and Acura ZDX, in partnership with General Motors. It will also develop affordable electric cars in the joint venture, which will go on sale in 2027. Toyota Motor Corp. (TM) – Get a free reportVolkswagen unveils its bZ Sport Crossover Concept EV and bZ FlexSpace Concept, a family-oriented electric SUV (VWAGY) – Get a free reportShe just presented her 2025 VW ID.
Clash
Stellantis is committed to going completely electric
stellants (STLA) – Get a free reportIt has already committed to 100% of its European sales and 50% of its US vehicle sales to be battery electric vehicles, with 75 BEV models and 5 million units of electric vehicle sales by 2030. The company plans to become 100% electric by 2038. EV said The manufacturer has already said it will retire the Dodge Charger and Challenger internal combustion engine vehicles later this year.
The Netherlands-based automaker revealed plans to enter the electric pickup market in April with the all-electric 2025 Ram 1500 REV, its first light-duty battery electric truck that will be available in the fourth quarter of 2024.
The Stellantis Chrysler division changed directions from its first EV Airflow Concept to a large crossover concept that did well in customer clinics earlier this year. The crossover will use the large Stellantis platform designed primarily for electric cars with some Airflow features and aesthetics.
However, the company will not use the Airflow name for the model, but also did not disclose the name of the new car, which is expected to be produced in 2025. The company’s Jeep division is expected to deliver the electric Avenger in the United States by the end of the second quarter, and plans to launch cars Recon and the all-electric Wagoneer S SUV.
Great investment for new electric cars
The company’s efforts to reach its goal of 100% all-electric vehicles were boosted on June 1 when it said it would invest more than $176 million to develop a battery assembly shop and plastic injection molding shop at its Rennes plant in France as part of its plan. to launch an all-new electric sports car in 2025, Reuters said. The plant currently manufactures the Peugeot 5008 and Citreon C5 Aircross.
The new vehicle, which has yet to be named, is codenamed CR3 and will replace the C5 Aircross internal combustion engine and hybrid vehicles.
The CR3 will be based on the company’s mid-range STLA platform, according to Inside EVs, for premium vehicles ranging from 165 inches to 197 inches in length and up to 440 miles of cargo range.