BYD Is Challenging Tesla For Market Leadership. Traded At A Deep Discount.

Coke or Pepsi. United Parcel Service or FedEx. There have been many epic battles between the number one and two players in the Marvel or DC industry. The EV industry currently has a unique one-two punch. Tesla… Source: www.barrons.com

Lucid Enters Electric SUV Market With Three-row Gravity

Lucid Motors has officially announced its next electric vehicle, the three-row Gravity SUV. Based on the same platform as Lucid’s only other vehicle, the Air sedan, Gravity is the California-based company’s first foray into the lucrative and competitive SUV market. Lucid says the SUV will have a range of up to 440 miles. Source: www.theverge.com

Nissan Considering Electrified, Affordable Light Pickup Truck For U.S. Market

Nissan may bring an electric light-duty pickup truck to the United States, a new report says. This vehicle has two purposes. The first is to maintain Nissan’s truck portfolio as it exits the full-size market, and the second is to expand Nissan’s offerings in the truck space. Source: www.autoblog.com

Used Car Market Size And Share Exceeds $2,759.3 Billion

WASHINGTON, Oct. 26, 2023 (GLOBE NEWSWIRE) — The global used car market will grow rapidly by 6.6% over the next seven years to reach USD 2,759.3 billion by 2030, according to Vantage Market Research. It is estimated that it will reach . The used car market is expanding on a global scale. This is driven by increased demand for off-lease Read More

Breaking News – MotorTrend Releases New Documentary Examining Chinese Electric Vehicle Production In Mexico And Potential Impact On US Market

Motor Trend releases new documentary examining Chinese electric vehicle production in Mexico and potential impact on U.S. market · The new “MotorTrend Investigates” series debuts today on MotorTrend with the first in-depth report on Chinese EV production in Mexico. Source: Motor Trends

Japan Launches BYD For Thailand’s EV Market

BYD, China’s electric car champion, is expanding its grip in Thailand, testing Japan’s long-standing dominance of the domestic car market as the two biggest automakers compete to develop the Asian market. According to Autolife Thailand, BYD only entered the Thai car market in July 2022, but already accounts for about 4% of total new car sales and more than one-third Read More

Kia EV9 Electric Vehicle 2024 Review – Large 3-row EV SUV Takes Kia Into New Price And Market Territory

The interior is next level for a Kia car. Space is so voluminous that it feels comparable to the brand’s own Carnival people mover, and the rear doors are so huge that it feels like they have to slide sideways. Either way, it’s relatively easy to access, but you’ll have to step up. The ride height combined with the thick Read More