Pertinent market/industry news/articles, page-2316

As I have been most recently talking about the need to see the EV price point come down & that legacy automakers ( VW, Toyota etc ), will soon come back with a vengeance, this hits the market- the sub* ( actually well under ), $20,000 EV from Nissan.

*in fact around $15,000.

https://seekingalpha.com/article/4294575-ev-company-news-month-september-2019?source=author_rta:read_now&isDirectRoadblock=true

I expect a return volley to be fired from Toyota, KIA, Hyundai & other players to follow quite soon now. A certain company which some adore has had a free run for long enough & shown what to/what not to do but that will soon end.

Sub $20,000 vehicles with full dealership/repair chain back up will make it very difficult for the smaller/newer makers ( in particular one who is very popular but upon further inspection really lets it’s customers down when it comes to servicing/repair experience ), but regardless of how the chips fall, we investors who have been the real backers of a lot of this will reap the rewards of our faith.

Around $15,000 new? In 1-2 years we’ll see large numbers of second hand EVs in the $8-10,000 range!

Move over, Suzuki Swift etc- EVs will soon flood the streets & won’t it be refreshing to sit in traffic or wait to cross the road without having exhaust fumes filling our lungs? I can’t wait!