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Automakers targeting average households with new crop of EVs

today07/20/2022 47

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WARREN, Mich. (AP) — 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. Now, the companies are zeroing in at the heart of the market: The compact SUV. In their drive to have EVs dominate vehicle sales in coming years, the automakers are promoting their new models as having the range, price and features to rival their gas-powered competitors. Some are so far proving quite popular. Ford’s $45,000-plus Mustang Mach E is sold out for the model year.

General Motors’ Chevrolet brand just introduced an electric version of its Blazer, also starting around $45,000, when it goes on sale next summer.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

 

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