Skip to content

New vehicle makers find the going getting tougher

Ian Henry argues that it is hard to see any new EV players outside China establishing a major presence in the market

Tesla has changed the face of automotive manufacturing and led the move in the US and Europe to electric vehicles (EVs). The company now makes EVs in the US, China and Germany and is reportedly considering plants in Mexico, Spain and a number of other locations across the world. It is synonymous with the shift to EVs and its success, while far from an overnight phenomenon, has been the inspiration for several others to enter the burgeoning EV market.  However, no other new entrants have yet had anything like the success of Tesla, although Polestar (which the financial backing of Geely and the engineering support of Volvo) will likely succeed; for many of the other new entrants the challenges are substantial and some are now facing financial oblivion.

It’s time to log in (or subscribe).

Not a member? Subscribe now and let us help you understand the future of mobility.

Pro
£495/year
or £49.50/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
no
OEM Tracker
no
OEM Model Plans
no
OEM Production Data
no
OEM Sales Data
no
Pro+
£1,950/year
or £195/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Enterprise
Unlimited
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes

Welcome back , to continue browsing the site, please click here