Tesla’s rival launches a new limited-edition electric vehicle in partnership with House of Mouse.
Electric vehicle manufacturers are working around the clock to develop new technologies and products in hopes of gaining an edge in their competition with Tesla, Elon Musk’s leading EV company. (TSLA) – Get a free report.
The Austin, Texas-based electric vehicle maker is keeping the heat on its competition as investors and consumers expect Tesla to introduce a low-cost Model 2 soon that would be priced around $25,000. Some observers thought the company might launch such a vehicle in March, but that never happened. However, the company’s rivals are busy launching products to try to take business away from Tesla.
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Volkswagen has a new low-cost electric vehicle
volkswagen (VWAGY) – Get a free reportjust got a head start on Tesla, as it unveiled a low-cost vehicle on March 15 known as the ID. 2everything that has a price lower than 25,000 euros ($26,400.)
Ford (F) – Get a free reporton March 24 it unveiled a new EV truck concept, known as Project T3. The name T3 stands for “Trust The Truck”. The second-generation electric truck will be developed at the new BlueOval City assembly plant outside of Memphis. The new $5.6 billion factory will have the capacity to produce 500,000 electric vehicles per year at full production.
South Korean electric vehicle manufacturer Hyundai (HYMTF) seeks to increase customer loyalty and provide convenient service to its electric vehicle owners by beginning to test its new self-charging robot that can connect to an electric vehicle’s charging port and remove it once charging is complete.
Hyundai teams up with Disney on a concept car
Hyundai is just starting to launch new products with the self-charging robot. On April 5, the company unveiled its special limited edition Ioniq 5 Disney100 Platinum Concept EV at the New York Auto Show as part of Disney’s 100th anniversary celebration.
The Ioniq 5 Disney100 Platinum features Disney-inspired visual accents and entertainment, including iconic Disney lighting and music. It marks the first time that Hyundai vehicle designers have created a vehicle with creative visual input from Disney Imagineering. Details about the limited-production vehicle will be revealed later this year, the automaker said.
“At Hyundai, we’re always looking for new ways to connect with customers every mile of their journey, and the magic Disney creates inspires us to deliver moments of delight for our customers,” Angela Zepeda, director of marketing, Hyundai Motor America. said she. “This is the first time Disney has opened its design studio doors and granted access to iconic Disney characters for an artistic collaboration with an automaker. The Ioniq 5 is Hyundai’s flagship all-electric vehicle, and we’re excited to share a limited edition”. edition version that will provide an unforgettable experience for any Disney fan.”
The exclusive Hyundai Ioniq 5 Disney100 Platinum concept car at the New York Car Show featured Gravity Gold Matte exterior color, Disney-inspired wheels, Disney100 Platinum Edition exterior badging, Disney100 logo embossed on the front seat headrests and center console, Disney100 logo on floor mats, lampshades with Disney sparkle animations on headlamps and taillamps, etched accents on moonroof with pixie dust touch, Disney-themed intro on interior start-up display that features iconic Disney music, the Disney100 logo and pixie dust; and synchronized light show inside with changing light modes. Features of the actual production model may vary, the company said in a statement.
Hyundai is the exclusive North American automotive sponsor for the Disney100 anniversary celebration.
