Electrical automobiles aren’t low-cost but. I imply, to be honest, no vehicles are low-cost anymore with a median transaction worth above $48,000, however now “luxurious” EV makers seeking to capitalize on a market on the lookout for cheaper all-electric automobiles. Tesla, Rivian, Lucid and even VinFast are planning on bringing cheaper choices to the U.S. and increasingly persons are turned away by high-priced electrical automobiles.
Proper now, although, these automakers are all planning how you can entice automobile patrons additional downmarket to get into one among their vehicles. Automotive Information laid out precisely how every firm plans to just do that. Right here’s what it says Tesla is planning on doing with its largely historical lineup:
The phase chief, Tesla, is promising reasonably priced fashions subsequent yr utilizing an up to date model of its compact automobile platform that underpins the Mannequin Y crossover and Mannequin 3 sedan, though the corporate hasn’t supplied particulars.
Tesla’s lineup is ageing quickly, resulting in a gross sales droop within the U.S. by way of the primary half of the yr. Of Tesla’s 5 fashions, solely the Cybertruck pickup is new. The Mannequin Y, Mannequin 3, Mannequin S sedan and Mannequin X crossover are nonetheless of their first era. Tesla can be planning a devoted robotaxi, with out human controls.
To be honest, Tesla might be the trickiest automaker to try to make predictions about due merely to the unpredictability of CEO Elon Musk. All of those plans might die on the vine at a second’s discover.
Anyway, right here’s what Rivian and Lucid have deliberate to get cheaper fashions in the marketplace that’ll slot underneath the R1T and R1S for Rivian and the Air for Lucid, based on AutoNews:
Rivian Automotive has revealed its extra reasonably priced fashions, the midsize R2 crossover coming in 2026 and the R3 hatchback later within the decade. R2 pricing is anticipated to begin round $45,000 earlier than delivery and the R3 will begin decrease, Rivian mentioned. The startup predicts flat gross sales this yr for the R1T pickup and R1S crossover.
Lucid Motors is launching its second automobile, the Gravity giant crossover, this yr, with a beginning worth of round $80,000 earlier than delivery. But it surely’s additionally planning extra reasonably priced automobiles in 2026 on a midsize platform, beginning at round $48,000 earlier than delivery. Lucid expects gross sales this yr of simply 9,000 for its Air giant sedan.
Lastly, AutoNews took a take a look at what will be anticipated from nascent automakers like VinFast and Scout. It’s going to be very fascinating to see the place these two cement themselves out there since they’re so new.
Vietnamese automaker VinFast plans to import a number of fashions to the U.S. market to affix the lone automobile on sale, the VF 8 two-row crossover. VinFast mentioned its three-row VF 9 will go on sale this yr and smaller, extra reasonably priced crossovers will arrive subsequent yr. The VF 8 had 1,500 registrations within the first half of the yr, S&P International Mobility mentioned.
Startup Scout Motors, backed by Volkswagen Group, is ready to be one of many latest entrants into the EV automaker house.
Scout’s preliminary automobiles will probably be an SUV and pickup. The model has shared few particulars besides that the fashions’ body-on-frame platform is exclusive to Scout and that the automobiles will probably be rugged. Scout is aiming for manufacturing at its South Carolina plant in late 2026 with gross sales starting quickly after.
Solely time will inform if this wager on going downmarket will repay for these automakers – or if their plans will even repay, however one factor is for positive: EV makers have gotten to do one thing to entice extra folks to get behind the wheels of their vehicles.
