A wave of new EVs is upon us – more than 100 new models within the next five years!
Electric cars have seen a great deal of coverage over the past year. From the new LEAF to the Tesla Model 3 and the newly announced Roadster, EVs are starting to come into their own. That momentum isn’t letting up anytime soon. Within the next five years – by 2022 – there will be over 100 all-new EV models on the market. Every manufacturer is jumping on when it comes to manufacturing electric cars. To that end, TFLcar explores the state of the current electric car market and answers some of your questions as to where it could be heading in the coming years.
Check out the video above for answers and insights to your top EV questions, and read on below for the full list!
Top EV Questions and Answers About Today’s (and Tomorrow’s) Market
Q: What’s the best-selling EV in America today?
A: That would be the Chevrolet Bolt EV. Since GM made the Bolt available for sale nationwide, sales have been picking up. In fact, the Bolt outsold the Tesla Model S and Model X combined in October 2017. Last month, the Bolt sold 2,781 units. By comparison, the Model S sold 1,120 units and the Model X sold 850. Tesla’s newest offering – the Model 3 – sold 145 examples. The latter’s low sales figures can be attributed to limited production.
Q: How many all-electric SUVs did GM say that they are launching, starting in 2019?
A: General Motors announced they are launching more than 20 vehicles of varying body types by 2023. Of those new models, seven will be SUVs or crossovers. Two will come by 2019, while the other five will follow suit. GM will also bring two all-electric minivans to market starting in 2021. Most interestingly, they’re also planning a low-slung sports EV, likely to share some DNA with the Corvette. Maybe the Corvette E-ray?
Q: When will Toyota enter the EV market again?
A: All current information we have suggests they’ll be back in the plug-in EV game by 2021. They went down this road, albeit briefly, with the RAV4 EV a few years ago. Toyota is currently tied up in a development partnership with Mazda and Denso, which should lead to encouraging news on the EV front soon. They’re also in another venture with Panasonic, wherein Toyota is an 80% investor to develop new battery technology. The brand’s hinting at a RAV4-sized crossover that will arrive in late 2021, with up to 400 miles of range and a new type of “solid-state” battery.
Q: What will the Tesla Roadster have in common with the Audi e-Tron crossover?
A: Both cars will have three electric motors – one in the front, and two in the rear. This will enable extreme torque vectoring capability for both cars. As one Audi executive puts it, the e-Tron Quattro will be able to “corner like a hunting dog”. While Tesla is making some quite bold claims for the Roadster, the e-Tron is altogether more practical.
Q: What’s with Tesla Model 3 production?
A: TFLcar’s EV expert, Anton, estimates that Tesla has been making about four units per day since production began. As of this month, they’re up to roughly eight units per day. That’s an issue as the company’s promised production in the range of 5,000 units per week by the end of this year. Now, Elon Musk has scaled back that promised production level to March 2018, but they still have a hill to climb. The Model 3 has been experiencing production bottlenecks that are contributing to the company’s slow ramp-up.
Q: When will the world’s best-selling EV, the Nissan LEAF 2.0, come to the U.S.?
A: Nissan redesigned the LEAF for 2018, and this refreshed model will go on sale in the U.S. on January 1. To that end, your local dealership and others around the country should be stocking up around Christmas. The LEAF is a bit cheaper than America’s current best-selling EV, the Chevy Bolt, but its range is only 150 miles to the Bolt’s 238.
BONUS: How many electric cars will be on the market by 2022?
A: Coming back to our headline point, just how many EVs will you be able to choose from in five years’ time? As it turns out, we currently know of approximately 140 planned models. Now, notice the word “planned” in there, so this does account for models that may be cancelled or plans that may change by the time we get to 2022. However, even with a conservative estimate of 100 models coming to market, you’ll still have plenty of choice.