Tesla’s successful Model Y electric vehicle, which has become the auto industry’s best-selling vehicle, has sparked a parade of automakers to launch crossover SUVs to compete with the Austin, Texas-based electric vehicle maker.
Ford (F) – Get a free report sells the Mustang Mach-E crossover, Hyundai’s (HYMTF) – Get a free report the Kia subsidiary has its Niro EV crossover and its EV6 crossover and General Motors (GM) – Get a free report plans to start selling its Chevy Equinox in 2024.
Related: Tesla rival VinFast’s new electric vehicle challenges the Model Y
volvo (VLVLY) – Get a free report is selling the C40 Recharge all-electric crossover with 226 miles of range and its XC40 Recharge all-electric compact SUV. The company has also been taking orders for its newest and smallest SUV, the Volvo EX30.
Polestar in the fourth quarter expects to begin production of its Polestar 4 crossover SUV and begin delivering the vehicle before the end of the year. child (CHILD) – Get a free report It began delivering its EC6 in September. The vehicle is the latest to be converted to the company’s second-generation NT 2.0 platform. The electric vehicle is available first in China, before being marketed in Europe at some point. It is unknown if it will ever come to the US.
Nissan’s best-selling crossovers go electric
Japanese car manufacturer Nissan (NSANY) – Get a free report revealed on November 24 that it plans to convert its best-selling internal combustion engine crossover models in the United Kingdom, the Qashqai and Juke, into electric vehicles and invest around $1.4 billion in the project.
Sources said Nissan has been discussing the plan with British Prime Minister Rishi Sunak and Chancellor Jeremy Hunt, and that the investment could involve a significant government funding guarantee. The Japanese company plans to build the models at its Sunderland, UK plant, where it currently makes the Nissan Leaf. The decision will preserve about 6,000 jobs at the plant.
The Nissan Qashqai was the best-selling car in the UK in 2022 with 42,704 sales, ahead of the Vauxhall Corsa with 35,910 and the Tesla Model Y with 35,551. It was the first best-selling car made in Britain since 1998 and the first time Nissan has topped the annual sales chart, the company said in a statement.
Nissan goes electric in Europe by 2030
Nissan CEO Mokoto Uchida pledged in September to shift Nissan to an all-electric model in Europe by 2030. The company said all new Nissan models from now on will be all-electric in Europe.
The automaker launched the Leaf in 2010, which was the world’s first mass-produced electric vehicle. The car was the best-selling electric vehicle on the market during its first four years. The Japanese company, however, said it will phase out the Leaf over the next few years and replace it with a new vehicle by 2026.
Nissan began selling its Ariya Crossover/SUV last year to begin ramping up production of electric vehicles. The company’s subsidiary, Infiniti, has a newly designed EV sedan, which will be produced at its Canton, Mississippi factory, along with a new EV crossover.
The Nissan Qashqai ICE crossover vehicle was marketed in the US as the Rogue Sport starting in 2017 and was discontinued in 2022. The Nissan Juke ICE vehicle was introduced in the US in 2010 and was discontinued in 2017. Not yet It is known whether the Qashqai or Juke will return to the US market as an electric vehicle.