Despite being a doozy of a year for most industries, 2020 saw the young electric vehicle (“EV”) sector enjoy increased sales and make groundbreaking technological advancements. Several new start-ups joined the industry with new and exciting designs, and Tesla Inc. (NASDAQ: TSLA) surpassed Toyota Motor Corp. (NYSE: TM) and General Motors Co. (NYSE: GM) to become the most valuable car company in the world. With a host of new electric vehicle models being launched this year, EV makers may have an even better run in 2021.
European Tesla Model Y. After the Model 3 exceeded all expectations when it was launched, it seemed as if Tesla had found its signature vehicle. The firm followed it up with the Model Y to even greater success. However, it still hasn’t hit the roads of Europe. With Tesla finishing its Berlin Gigafactory in July 2021, the company hopes to build 250,000 EVs per year in its first phase, eventually ramping up to produce 750,000 vehicles. Folks in Europe who are looking forward to driving the Model Y may have to wat until the end of 2022.
Rimac C_Two. This Croatian electric supercar just may be the one to beat in 2021. Powered by a powerful 1,900 hp motor, it boasts an estimated top speed of 258 mph with an acceleration of 0 to 60 mph in under two seconds. With such stats, fellow electric hypercars such as the Pininfarina Battista and the Lotus Evija — and even fossil-fueled hypercars like the Bugatti Chiron — barely compare.
Nissan Ariya. The Nissan Leaf effectively kicked off the battery EV market when it launched back in the day, and it is still going strong today. Nissan Motor Co. (OTC: NSANY) is now looking to introduce an all-electric crossover SUV to the market, the Nissan Ariya. Dubbed “a force of wonder” by Nissan’s COO Ashwani Gupta, the vehicle will come in two versions, a two-wheel-drive with a 63kWh or 87kWh battery or a four-wheel version with the same battery options.
Toyota’s first EV. Toyota will launch a still-unnamed all-electric, mid-size SUV in 2021. Based on its new e-TNGA platform, which allows Toyota to create cars with different widths, lengths, and heights, the EV is expected to be close in size to the RAV4. According to deputy chief officer Koji Toyoshima, Toyota will unveil the SUV over the next few months, officially starting the car company’s electric revolution.
Hyundai E-GMP. Although it hasn’t enjoyed Tesla level sales or publicity, Hyundai Motor Co.’s (OTC: HYMTF) Kona Electric is pretty impressive, boasting 258 miles of range, a powerful powertrain and intuitive infotainment controls. The Korean company is now developing E-GMP, a new platform that will be used in its new electric brand IONIQ. With the first models coming in 2021, Hyundai promises performance models boasting top speeds of 160 mph and 0 to 62 mph acceleration in under three and a half seconds. The platform will also be used on EV models from Kia.
Another development to watch in the EV space is the impending merger between Net Element (NASDAQ: NETE), a global fintech giant, and Mullen Technologies Inc., a maker of electric vehicles based in Southern California.
NOTE TO INVESTORS: The latest news and updates relating to Net Element (NASDAQ: NETE) are available in the company’s newsroom at http://ibn.fm/NETE
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