EV Models Galore: Everyone Announced EVs in March

EV Models Galore: Everyone Announced EVs in March

And some of these EV models look like spaceships

A line-drawing of a bullhorn in Carmigo branded colors.It feels like new EV models are announced every single day. There are so many we can barely keep up. 

Thankfully Car and Driver put together a list of something like 60 EV models we can expect to see in the next five years, and it doesn’t even include some of the announcements made in the last month.

And even though that list was published this year, it’s missing a ton of new EVs.

There were at least a dozen new EV models announced in the last month or so. Here are a few we’re excited about:

Wait a minute, Doc. Are you telling me you built an EV?

For instance, DeLorean tweeted a teaser for a new EV earlier this week.

The car is slated to be on display at the Pebble Beach Concours d’Elegance on August 21. But according to this tweet, the new DeLorean will officially be unveiled three days earlier. 

Honda has been busy.

Honda announced partnerships to make both high-end and affordable EVs. 

And they’ve teamed up with GM to create EVs for people currently priced out of the growing market. The new project aims to develop a line of compact crossovers that retail for under $30,000.

And the Japanese automaker is also partnering with Sony to create a much more expensive line of electric cars for those who enjoy the finer things in life. 

But that’s not all (for the luxury EV models).

Maserati, Rolls Royce, and Mercedes-Benz have all entered the chat. 

The Rolls Royce, which was announced last year, completed winter testing a few miles south of the arctic circle last month.

Meanwhile, Maserati announced its line of EVs called Folgore (Italian for lightning). 

And Mercedes-Benz teased the unveiling of its EQS, the first SUV in its EV stable. 

What Do These EVs Mean for You?

The more the market transitions to Electric Vehicles, the more EVs we’ll see on the resale market, meaning they’ll begin to be even more affordable.

At the same time, it’s good to see auto manufacturers innovating on both the economy and luxury ends of the spectrum. Making the latest technology available to all is key to innovation. 

But the changing EV landscape isn’t just for EV enthusiasts. As automakers switch production lines to electric vehicles, we suspect the demand for used combustion engine vehicles will continue to tick up. And as we all know, reduced supply and increased demand drive prices up. 

Take good care of that combustion engine and it could make you some serious money one day. When you’re ready to sell, give us a chance to sell it for you.

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Tupelo Auto Online Startup Aims to Stem ‘Brain Drain’ by Selling Used Cars

Tupelo Auto Online Startup Aims to Stem ‘Brain Drain’ by Selling Used Cars

By Kayode Brown | April 7, 2022 

Carmigo Founder and CEO Andrew Warmath got the idea for starting his Tupelo-based company during the COVID-19 pandemic, when demand for used cars increased because of the virus’ impact on the economy and, especially, on vehicle manufacturing, with factories shutting down.

His business allows owners to sell their used cars to the highest bidder among various auto dealerships. “Right when the pandemic first started, everything just shut down,” he said in a March 15, 2022, Zoom interview. “Most (auto) retail (outlets) were shut down overnight, but a few weeks later, the faucet turned back on, and traditional supply for cars was shut off while demand exploded.”

“So dealerships were looking all over for different sources of inventory, and we were having trouble finding it,” he added. Barnes Crossing Auto Group, the company for which he worked the time as chief financial officer, experienced the same need.

Now with about 30 employees, most of them in Mississippi, a big part of Warmath’s focus is offering employment in the Magnolia State to combat brain drain, he says.

Read the full Mississippi Free Press article here.

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