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Falling gas prices in the past year have caused automakers and consumers to turn their attention to SUVs and trucks versus hybrids and electric vehicles. However, companies like Tesla Motors will move the segment more into the mainstream as vehicle prices come down. The Tesla Model 3, set to launch in 2017, should start at around $35,000, according to the company.

Sunday, 01 May 2016 12:06

Manufacturers remain bullish on EVs despite flight to trucks and SUVs

Automakers have witnessed a resurgence in interest for trucks and SUVs as gasoline prices continue to hover around $2 per gallon in many areas of the country.

Published in Manufacturing