Each year, the automotive industry gets more electrified. Some brands are working toward fully electric fleets within the next decade. Others are taking a more conservative, scaled approach. In most cases, the move toward electric vehicles is phased: a step-by-step strategy may include the launch of hybrids, plug-in hybrids and other alternative fuel power sources instead of an abrupt all-electric transition.
Just over a decade ago, Nissan launched the Leaf as the first mass-market electric vehicle and set the wheels in motion for the overall EV movement. Tesla came on board in 2012 as an entirely EV company has made strides with improved performance, range and technology.
The most ambitious brands are those that have pledged to be all-electric by 2030 or even sooner. Jaguar and Mercedes-Benz have each made announcements about exclusively offering electric vehicles from 2025 onward. Mercedes’ new line of EQ models will have electric powertrains, the EQS luxury sedan being the first. Similarly, Bentley, Lincoln, Lotus, Mini, Volvo and Cadillac will be all-electric by the dawn of the next decade in 2030.
Chevrolet is off to a strong start with its Bolt EV. In a surprising move for a brand that was historically synonymous with gas-guzzlers, a Hummer EV is on the way. Cadillac’s Lyric crossover is the brand’s first all-electric vehicle, going into production in early 2022. GM plans to phase out internal combustion by 2035 and be carbon-neutral by 2040.
Long known as a performance coupe, the Mustang has evolved into an all-electric crossover called the Mach-E, and the F-150-based Lightning pickup is now electric, too. The light-duty Maverick pickup has already launched with a hybrid powertrain. Ford plans to be fully carbon-neutral by 2050.
Multinational conglomerate Stellantis covers a number of former Fiat-Chrysler brands including Dodge, Ram, Jeep, Alfa Romeo and Maserati, among others. It has demonstrated commitment to the EV movement, with an all-electric RAM 1500 pickup on the way in 2024. Jeep has EV options including the Grand Cherokee 4xe and the Wrangler 4xe plug-in hybrid. Battery-electric and plug-in hybrid vehicles will comprise 40% of North American sales by 2025.
In the import arena, Aston Martin projects that 20% of its vehicle sales will be electrified by 2024.
Two all-electric vehicles are offered under the BMW nameplate: the iX SUV and i4 sedan. The company states that by 2040, half its global sales will be battery cars, whether hybrid or full EV.
Pledging to have an all-electric fleet by 2040, Volkswagen is eager to embrace EV technology. Audi offers e-tron models, and sports cars are also part of the movement: Lamborghini has a multi-phase starting with a hybrid production car in 2023, and Porsche says 80% of its global sales will be electric by 2030.
With intermediate goals in place, Honda has pledged to be zero-emission by 2040 and achieve 40% of total sales from electric vehicles by 2030. The Acura NSX supercar already has a hybrid powertrain.
Offering two electric vehicles, the IONIQ and the Kona, Hyundai plans to sell one million EVs by 2025. Sister company Kia launched its EV6 on a dedicated electric vehicle platform for the model year 2022, and it already has electric versions of the Soul and the Niro.
Moving into the EV action is Mazda’s MX-30 electric crossover, which will have a plug-in hybrid variant. The brand is targeting 100% electrification by 2030.
Some of Mitsubishi’s vehicles are currently electrified including the Outlander crossover plug-in hybrid, but the company has not announced any specific plans or a timeline target for other EV developments.
A target of 40% has been rolled out by Nissan for its overall EV sales by 2030. The Ariya crossover has now joined the Leaf as the brand’s second electric vehicle.
Sights are set on 2030 as the date for Subaru’s all-electrified portfolio, with 40% of sales coming from EVs.
Some EV startups are positioned to make an impact on the competitive landscape. Lucid has yet to formally enter the marketplace but broke ground on a manufacturing facility in Arizona dedicated to the production of EVs. Rivian, Bollinger and Fisker are other new electric car companies to watch in the coming years.
Are electrified vehicles starting to catch your eye? The time might be right to shift gears into the electric world. The State of Utah provides an alternative fuel tax credit for residents who drive an electric car. Check out the listings on KSL Cars with electric powertrains.
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