- BMW has introduced its first all-electric 5 Series called the i5, available in two versions: the RWD i5 eDrive40 and the dual-motor i5 M60 xDrive. Both versions have electric sound design, a modular battery pack, a Max Range mode, and a boost paddle for maximum acceleration.
- Tesla has started selling China-made Model 3 and Model Y vehicles in Canada, marking its first shipments to North America from its Shanghai factory. The move could help Tesla keep its US-made vehicles for the domestic market.
- General Motors plans to release an all-electric version of the Cadillac Escalade later this year, part of their goal to make Cadillac an electric vehicle brand by 2030. The all-electric Escalade is dubbed the “Escalade IQ.”
As the world continues to turn towards more sustainable modes of transportation, the electric vehicle industry continues to see exciting developments. Here are the latest updates as of May 26:
1. Electric cars are set to get a major boost in the United Kingdom as the government has pledged to invest £120 million in charging infrastructure. The commitment includes £50 million for rapid charging hubs, which will provide easy access to charging for drivers on long journeys.
2. Chinese electric vehicle manufacturer, Nio, has announced plans to expand globally, with Norway as their first international market. The company plans to launch their first car in Norway in September 2021, followed by other European markets.
3. German automaker, Volkswagen, has unveiled their first all-electric SUV, the ID.4. The vehicle boasts an impressive range of up to 520km on a single charge, making it a strong competitor in the growing electric SUV market.
4. Tesla has announced plans to build a new gigafactory in Austin, Texas. The factory will manufacture Tesla’s new Cybertruck, as well as their Model Y SUV and other upcoming electric vehicles.
5. Japanese automaker, Nissan, has revealed their new electric crossover, the Ariya. The sleek and stylish vehicle boasts a range of up to 610km on a single charge and is set to hit the global market in 2022.
As the electric vehicle industry continues to grow and evolve, consumers can expect even more exciting developments in the months and years to come.