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Nissan Introduces a New Crossover EV, Is Tesla Threatened?

In recent news, Nissan has come out with a new crossover EV which is reportedly going to launch in the second half of 2021. The new electric vehicle will have a driving range of 300 miles and it will accelerate from 0 to 60 mph in just under 5 seconds, which is remarkably fast.

While Nissan hasn’t specified any details on how the car would look, experts haven’t wasted any time and already have speculated that the new EV will probably be based on the iMx Concept in 2017. However, the thing which now should make them think about this speculation twice is that Nissan has called this new EV a “compact” car with exterior proportions of the Rogue and interior space from Murano. 

Other car manufacturers like VW, Jaguar, and Tesla, also have already produced cars with quite a long driving range. For example, Tesla Model X has a driving range of 325 miles, and Jaguar i-Pace has 234 miles.

However, we have recently reported that Volkswagen came out with ID.3, a new rival to Tesla in terms of price. And at the Frankfurt Motor Show they presented a completely new concept car that experts say is going to carry the name of ID.4.

Additionally, Ford also is eying to enter the European market with a completely new SUV EV’s. To be honest, it seems like Ford is a little bit late to the Electric Vehicle party as other car manufacturers like Audi, Tesla, Jaguar, Porsche, VW, and the above-mentioned Nissan have already produced such vehicles and entered the EV market. Ford claims to produce an all-electric Ford Mustang SUV.

However, Elon Musk has already mentioned that Tesla might release a new electric pickup truck in November. He described the car as futuristic and amazing and hopes to make it even more affordable than the average Tesla.

It is clear that EV’s are the future, but for now, consumers are still worried about the driving range that these cars offer. While it might seem that car manufacturers have addressed this feature as resolved, many drivers around the world still don’t believe that a 300-mile range is enough.

While Tesla no longer is the only electric car manufacturer in the world with others quickly joining in, the future of the company is constantly being questioned.

When looking at the price chart of Tesla stock, we see that on June 3 the stock might have reached the bottom and now is slowly recovering. On June 3 the price was $178 and by now TSLA has recovered to $245 with an upward trend. When Tesla will release its new electric pickup truck, the stock is expected to rise. 

Nissan Introduces a New Crossover EV, Is Tesla Threatened?

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