General Electric Enters the Hot Electric Vehicle Market

The market for electric automobiles has been one of the most popular in the automotive sector for a few a long time now. 

And it carries on to get far more and far more value with tough opposition. Legacy vehicle manufacturers, startups and the disruptor Tesla  (TSLA) contend in the segments of sedans, SUVs/crossovers and pickups/vans. 

In the pickups/trucks section, for illustration, we have a enormous selection of products. Ford  (F)  is previously providing the F-150 Lightning, the electric version of its emblematic F-150.

Rivian  (RIVN)  has the R1T pickup, a engineering-packed car or truck. GM  (GM)  is previously advertising the electric powered version of its iconic Hummer car or truck and is preparing to start the electrical model of the Chevrolet Silverado. As for Tesla, the extensive-awaited Cybertruck is expected in 2023. The futuristic layout of this pickup/truck is supposed to be a complete activity-changer in this segment.