At this writing, here are the market capitalization levels of US automakers:
• Tesla: $1,040 billion
• Rivian: $149 billion
• General Motors: $91 billion
• Lucid Motors: $90 billion
• Ford Motor: $79 billion
• Fiat Chrysler: $16 billion
Rivian and Lucid have a lot to prove in the manufacturing domain, though both are sort of producing cars. But in the long game of the EV transition, access to capital is key and right now the American start-ups are looking pretty strong.
Among the highlights was a tantalizing tease of a new three-row electric SUV, which looks to be similar in size to the Ford Explorer model.
The brand has announced its ambitious plan to launch four new electric Subaru models by the end of 2026, in aim to push electrification.
As the CLS 4-door coupe approaches its final model year in 2023, Mercedes-Benz has emphasized that there are no plans to fill its void.
The Porsche Boxster 983 EV is expected to arrive in 2025, while the latest spy video show doing laps at the famed Nürburgring race track.
The South Korean automotive giant has set its sights on the Moon with the development of a Hyundai lunar exploration rover.