America’s automakers targeted people who value short-range economy cars
The 2024 Chevrolet SS EV is shown in Warren, Mich., Tuesday, July 12, 2022. – In their first rollouts of electric vehicles, America's automakers targeted people who value short-range economy cars. Then came EVs for luxury buyers and drivers of pickups and delivery vans.
Some are so far proving quite popular. Ford’s $45,000-plus Mustang Mach E is sold out for the model year. On Monday night, General Motors’ Chevrolet brand introduced an electric version of its Blazer, also starting around $45,000, when it goes on sale next summer. The new models, which can get about 300 miles per electric charge, are aimed at the largest segment of the U.S. market: Modest-size SUVs, representing about 20% of new-vehicle sales. Industry experts say entering the smaller SUV segment, with its reach into a broader demographic of buyers, is sure to boost electric vehicle sales nationally.
Brinley noted that the small and midsize SUV segments meet many people’s needs, something that previous electric vehicles did not.“If it’s a price you can reach but it’s a product that you can’t put your kids and your dog in, you’re not going to buy it,” she said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Automakers target average households with new crop of EVsIn a push to have EVs rule sales in coming years, carmakers are touting new models as having the range, price and features to rival gas-powered ones.
Read more »
Automakers target average households with new crop of EVsIn a push to have EVs rule sales in coming years, carmakers are touting new models as having the range, price and features to rival gas-powered ones.
Read more »
Automakers targeting average households with new crop of EVsIn their first rollouts of electric vehicles, America’s automakers targeted people who value short-range economy cars.
Read more »
70% of EVs wouldn't qualify for tax credit under Senate bill, say automakersAutomakers have been expressing concern about the proposal's increasing requirements for vehicles' batteries and critical-mineral contents to be sourced from the US.
Read more »
Subs exclusive: Why localised battery production will be key for EVs | AutocarIn our latest Autocar Business live webinar, we were joined by senior executives from Ford, Britishvolt and Urbix to discuss how localised battery production will be the key for European and US EV manufacturing (subs exclusive)
Read more »