The electric vehicle market has been one of the hottest in the automotive industry for several years now.
And it is becoming more and more important with tough competition. Legacy automakers, startups and the disruptor Tesla (TSLA) compete in the sedan, SUV/crossover and pickup/truck segments.
In the pick-up/truck segment, for example, we have a huge range of models. Ford (f) already sells the F-150 Lightning, the electric version of its emblematic F-150.
Rivian (RIVN) has the R1T pickup, a vehicle packed with technology. GM (GM) is already launching the electric version of its iconic Hummer vehicle and is preparing to launch the electric version of the Chevrolet Silverado. As for Tesla, the highly anticipated Cybertruck is expected in 2023. The futuristic design of this pickup/truck should be a complete game changer in this segment.