A major Japanese automaker is releasing two electric automobiles to compete with Tesla.
Electric vehicle manufacturers have high sales goals for the rest of the year.
Volkswagen and Tesla decreased their ID.3 and Model S/X prices in China recently.
After delivering 889,000 EVs in the first half of 2023, industry leader Tesla (TSLA) - goal.
Tesla expects its new Cybertruck pickup to boost sales in September 2023.
On Nov. 24, 2019, Tesla CEO Elon Musk revealed the Cybertruck received 187,000 orders.
Ford (F) - earlier this year projected 150,000 F-150 Lightning pickups and 210,000 Mustang Mach E EVs.
The 2023 Chevy Bolt, priced at $26,500, is the most inexpensive electric car. GM expected to produce 70,000 Bolts in 2023 from 44,000 in 2022.