A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk’s brand struggles with waning sales. New research from Bloomberg Intelligence’s Global BEV Report 2024 suggested that Tesla’s longer-term success is dependent on the unveiling of a cheap, high-volume vehicle – rumoured to be the Model 2. Many have speculated that this could help millions of drivers adapt to electric vehicles, especially with a rumoured price of around £20,000, although a Robotaxi is expected to be announced beforehand. According to the report, hybrid vehicles are …
