The Electric Vehicle Revolution Accelerates: 10 Exciting New EVs Launching in 2023-2024
The automotive industry is undergoing a massive transformation as it shifts from gas-powered vehicles to electric. Driven by stricter emissions regulations, rapidly improving battery technology, and growing consumer demand, most major automakers are significantly ramping up their electric vehicle (EV) offerings. 2023 and 2024 in particular will see an influx of compelling new EV models as the electric revolution kicks into high gear. In this article, we‘ll take a look at 10 of the most anticipated upcoming EVs and what makes them noteworthy.
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Tesla Cybertruck
Tesla‘s radical Cybertruck was unveiled in 2019 to much fanfare and controversy over its angular, futuristic design. Production has been repeatedly delayed, but the latest estimate pegs the first deliveries for mid-2023. The Cybertruck will be offered in single, dual, and tri-motor configurations with a maximum range of over 500 miles and a 0-60 mph time under 3 seconds for the top-end model. Other notable features include a 17" touchscreen, vault-like storage, and a nearly impenetrable exoskeleton. With a starting price of $39,900, the Cybertruck aims to be a category-defying vehicle blending the utility of a truck with the performance of a sports car. Time will tell if its bold design will resonate with truck buyers. -
Audi A6 e-tron
Audi has big plans to electrify its lineup, as exemplified by the forthcoming A6 e-tron. Slated to go on sale in early 2024, the A6 e-tron will be a sleek midsize hatchback built on a new EV platform co-developed with Porsche. Audi claims it will have a range of over 400 miles thanks to a 100 kWh battery pack and 350 kW charging capability. Expect it to be outfitted with Audi‘s latest tech like an augmented reality head-up display and advanced driver assists. With an estimated price between $75,000-$85,000, the A6 e-tron will compete against the Tesla Model S and Lucid Air. -
Mercedes-Benz EQG
Mercedes has already launched a strong lineup of EVs under its EQ subbrand, but one of its most iconic models has yet to be electrified – the G-Class. That will change in the next couple years with the introduction of the EQG. Mercedes has revealed an EQG concept that retains the boxy, rugged aesthetic of the gas-powered G-Class while incorporating EV elements like a black panel grille and an illuminated three-pointed star logo. The production EQG will utilize four electric motors for exceptional off-road performance. Range and pricing have not been announced yet, but expect it to cost well over $100,000 given the G-Class‘s premium positioning. -
Ford Explorer EV
The Explorer is one of Ford‘s most important models, so it‘s no surprise an electric version is on the way. Arriving in 2024, the Explorer EV will slot above the popular Mustang Mach-E crossover as a three-row electric SUV. It will likely share components with the Ford F-150 Lightning pickup truck, including its dual-motor powertrain and battery pack options. Range is expected to be around 300 miles. The Explorer EV‘s more conventional SUV shape should make it attractive to family buyers who may find the Mach-E too small or stylistically quirky. Pricing will likely start around $50,000. -
Cadillac Celestiq
Cadillac will return to its roots as a purveyor of uncompromising luxury with the Celestiq. Launching in 2024, this electric flagship sedan will be hand-built in limited numbers and loaded with cutting-edge tech like a four-panel smart glass roof, a pillar-to-pillar touchscreen, and Ultra Cruise hands-free driving assist. Underpinning the Celestiq will be GM‘s new Ultium EV architecture, giving it an expected range of over 400 miles. But all that opulence comes at a steep price – around $300,000, making it Cadillac‘s most expensive model ever. That positions the Celestiq as an electric alternative to the Rolls-Royce Ghost and Bentley Flying Spur. -
BMW i7
The 7 Series is BMW‘s pinnacle full-size luxury sedan and the upcoming i7 variant will serve as its electric flagship. Due out in early 2023, the i7 will offer up to 388 miles of range in its highest spec thanks to a 106 kWh battery pack. Power will come from two motors outputting a combined 536 hp. As expected for a 7 Series, the interior will be lavishly appointed, including an optional 31" theater screen for rear passengers. BMW‘s iDrive 8 infotainment system and an array of driver assists will also be on tap. Pricing for the i7 will start at $120,000. -
Hyundai Ioniq 6
Hyundai got off to an early lead in the EV race with the well-received Ioniq 5 crossover and will soon follow that up with the Ioniq 6 sedan. The Ioniq 6‘s sleek, coupe-like profile cuts through the air with a drag coefficient of just 0.21, enabling a highly efficient range of around 380 miles. Inside, the minimalist yet high-tech cabin features dual 12" displays, sustainable materials, and spacious accommodations thanks to the long wheelbase afforded by the EV skateboard platform. 800V charging capability will allow for adding 200 miles of range in just 15 minutes. Expect a price around $45,000 when it launches in late 2023. -
Chevrolet Silverado EV
Chevrolet will dive into the burgeoning electric pickup market in spring 2023 with the Silverado EV. Built on the same Ultium platform as the GMC Hummer EV, the electric Silverado will offer up to 400 miles of range and 664 hp in its top spec. The 5‘ 11" cargo bed has a versatile "midgate" that can expand the bed length to nearly 11 feet. There‘s also a lockable, weatherproof front trunk for added storage. The base work truck trim will start around $40,000 while the fully-loaded RST First Edition will cost $105,000. The Silverado EV will face stiff competition from the Ford F-150 Lightning and Rivian R1T. -
Polestar 3
Volvo‘s electric spinoff brand Polestar is expanding its lineup beyond the Polestar 2 sedan with its first SUV, the Polestar 3. Set to launch in early 2023, the Polestar 3 will be a two-row midsize SUV aimed squarely at the Porsche Cayenne and BMW iX. Polestar‘s sleek, Scandinavian design language will carry over, as will its focus on sustainable materials and minimalist yet premium interiors. The Polestar 3 will offer two battery sizes, with the long range version exceeding 300 miles. An optional Performance Pack will boost output to 510 hp. Pricing will likely start around $75,000. -
Tesla Roadster
Tesla‘s original Roadster launched the company back in 2008 and a second generation has long been in the works. First unveiled in 2017, the new Roadster has been delayed multiple times but is currently slated to enter production in 2023. Elon Musk has touted some truly ludicrous specs for this all-electric supercar, including a top speed over 250 mph, 620 miles of range, and a 0-60 mph time of 1.9 seconds – the first production car to break the 2 second barrier. The Roadster will feature all-wheel drive, four seats, and a removable glass roof. If Tesla can deliver on those promises, the Roadster will be in a class of its own. But it won‘t come cheap, with a base price of $200,000.
2023 and 2024 mark an inflection point for the EV industry as a wave of exciting new models are set to launch across a wide range of segments and price points. From Tesla‘s outrageous Roadster and Cybertruck to Audi and BMW‘s tech-laden flagship sedans to Ford and Chevy‘s electrified beloved nameplates, there will soon be a compelling EV option for every type of buyer.
With battery technology steadily improving, charging networks expanding, and costs coming down, the main factors holding back EV adoption are quickly eroding. Governments around the world are also accelerating the shift to EVs with stricter emissions regulations and generous purchase incentives. The environmental benefits of EVs, including lower carbon emissions and reduced air pollution, will only become more important as climate change worsens.
All of these factors are coalescing to create a tipping point for the EV revolution. While EVs currently make up less than 5% of new car sales globally, that figure could surpass 50% by 2030 according to some analysts, with 2023-2024 being the key years that kick the transition into high gear. The auto industry is betting big on EVs and the deluge of new models set to launch in the next two years will finally give consumers the electric options they‘ve been waiting for. The EV future is fast approaching.
