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Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) - EVs Are Growing In All Directions

Share: Traditional automakers are transforming their business models to adapt to an all-electric future. General Motors Company (NYSE: GM) increased its investment to have a zero tailpipe emission line-up by 2035 with plans to invest $7 billion in electric and autonomous vehicles this year and $27 billion by 2025. Ford Motor Company (NYSE: F) will be more than doubling its EV investment by 2025 with $22 billion designated for electric vehicles and $7 billion for autonomous vehicles. The biggest obstacle to electric cars was that they cost much more to build than conventional models. However, the high costs aren t stopping anyone, even smaller players who are going full speed ahead as they try to adapt to an electric future.

United kingdomNissan motor coMotors companyToyota motor corpLand roverTesla incWorksport ltdHonda motor coLordstown motors corpFord motor companyMotor companyHong guang miniEuropean carmakers are transforming theirBentley motorsChevy silveradoEven jeep

$4,500 Electric Car Outsells Tesla Model 3 s in China

The Hong Guang Mini is now believed to be the second bestselling electric vehicle worldwide. The Hong Guang Mini EV Wuling Motors Chinese state-owned SAIC Motor s compact car, the Hong Guang Mini EV, is proving mighty popular, to the point that it outsold Tesla s Model 3 vehicles in China in the month of January, a report by the BBC explains. The budget electric vehicle (EV) is selling for $4,500 as part of a joint venture with U.S. automaker General Motors (GM) that goes by the name of Wuling Motors locally. Last month, sales of the Hong Guang Mini, which is being marketed as the people s commuting tool , were around double those of Tesla s Model 3.

Passenger car associationChina market research groupHong guang miniGeneral motorsWuling motorsElectric car outsells tesla modelபயணிகள் கார் சங்கம்சீனா சந்தை ஆராய்ச்சி குழுஹாங் குவாங் மினிஜநரல் மோட்டார்கள்

Chinese $4,500 budget electric car takes on Tesla

Chinese $4,500 budget electric car takes on Tesla
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Zhong guangChina passenger car associationChina market research groupGeneral motorsHong guang miniTesla modelஹாங் குவாங்சீனா பயணிகள் கார் சங்கம்சீனா சந்தை ஆராய்ச்சி குழுஜநரல் மோட்டார்கள்ஹாங் குவாங் மினிடெஸ்லா மாதிரி

Hong Guang Mini is the £3,200 EV that s outselling Tesla in China

Hong Guang Mini is the £3,200 EV that s outselling Tesla in China
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomZhong guangDacia sanderoChina passenger car associationChina market research groupHong guang miniTesla modelSmart fortwoShaun reinஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஹாங் குவாங்டேசியா சண்டரோசீனா பயணிகள் கார் சங்கம்சீனா சந்தை ஆராய்ச்சி குழு

New $5,000 Electric Car Is Already Outselling The Model 3

For years, Elon Musk has promised Tesla will launch a small electric car that costs less than $25,000 to sl.

Elon muskTom zhuWuling hong guangDevelopment of teslaStandard range plusTesla china president tom zhuGeneral motorsWuling hongguang miniHong guang miniNikkei asiaTesla modelடோம் ஜுவளர்ச்சி ஆஃப் டெஸ்லாதரநிலை சரகம் ப்லஸ்டெஸ்லா சீனா ப்ரெஸிடெஂட் டோம் ஜுஜநரல் மோட்டார்கள்