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💡Will 54% of EV Skeptics Become Believers…

in 3-5 Years?

Author

John Rooney
May 16, 2024

May 16, 2024

Happy Thursday!  Today, we cover: 

  • Study suggests EV consideration will surge

  • Progress continues on the construction of BlueOval City

  • Tesla Financing deal

  • Nio targets mass-market Chinese buyers with affordable Onvo brand

  • China's BYD launched hybrid pickup in Mexico

  • Testing behind the Mustang Mach-E rally

  • EVgo doubles down on commitment to begin NACS deployments

  • Shark video

  Don’t forget to scroll and subscribe.

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Top EV News Stories Powered by EV.Careers

  1. A new study by Cox Automotive indicates that a second wave of EV adoption is on the horizon, with 54% of current EV Skeptics expected to become active EV Considerers in three to five years, driven by technological advancements and improved charging infrastructure, while also noting a demographic shift towards more mainstream acceptance and a more balanced partnership between dealers and automakers.

  2. Ford's BlueOval City campus in Stanton, Tennessee, is set to prioritize education, environmental sustainability, and local engagement, aiming to train West Tennessee residents for jobs at its Tennessee Electric Vehicle Center assembly plant, targeting hiring hourly employees by 2025 to support deliveries of its next-generation electric truck in 2026.

  3. Finance a Tesla Model Y at .99% APR.

  4. Nio introduces its new EV brand, Onvo, targeting China’s middle-income consumers with the L60 SUV priced at $30,454, 12% lower than a comparable Tesla Model Y, aiming to create an enjoyable driving experience for families, with the entry-level version boasting a driving range of 344 miles. 

  5. BYD introduced the Shark, a mid-size hybrid-electric pickup truck, in Mexico, targeting the country's growing demand for pickups, as one out of 10 cars sold in Mexico last year was from a Chinese automaker, and plans to build a plant in Mexico with a capacity of 150,000 vehicles per year.

  6. Mustang Mach-E Rally combines passion with design and engineering to create a rally-inspired version of the Mustang Mach-E, featuring off-road modifications for real rallycross-inspired capability.

  7. Leapmotor International will commence operations in Europe by September 2024, aiming to establish 200 sales points by the year-end and expand, introducing models T03 and C10 first, with at least one new model annually for the next three years, offering the T03 with a 164-mile WLTP range and the C10 with a 260-mile WLTP range.

  8. Serving both CCS and NACS vehicles, EVgo Inc. will deploy North American Charging Standard connectors on its fast charging network later this year with the roll-out beginning in key markets and utilizing high-power 350kW chargers, while offering Autocharge+ for streamlined payment across over 50 vehicle models.

  9. Fisker Inc. outlines the company's plans for growth and development, focusing on innovative electric vehicle technologies and strategic partnerships to drive future success.

  10. In his statement at BMW's 104th Annual General Meeting, Oliver Zipse, Chairman of the Board of Management, highlighted the company's commitment to electric vehicles as a key aspect of its future strategy. 

  11. CEO Florian Huettl of Opel unveiled the new Frontera in Istanbul, presenting it as a spacious, comfortable compact SUV with competitive pricing starting at around $31,567 for the electric version.

BYD Shark

*If you’re using Outlook, click “Read Online” at the top to see the video links above.

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