Why this electric SUV won’t suffer the same fate as the Tesla Model Y and BYD Seal – Car News

7 August 2024, 3:02 am

The Other Dimension
Why this electric SUV won’t suffer the same fate as the Tesla Model Y and BYD Seal – Car News
Image: CarsGuide
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Why this electric SUV won’t suffer the same fate as the Tesla Model Y and BYD Seal – Car News
Image: CarsGuide

AutoExec Summary
The electric vehicle market in Australia is growing, leading to unstable pricing as brands compete to stay competitive. Skoda is set to launch its Enyaq SUV with stable but sustainable pricing and a guaranteed future value program. The introduction of the New Vehicle Efficiency Standard may lead to further price fluctuations, but VW Group remains confident in the potential impact of their EV offerings in the Australian market.

Brands mentioned: Tesla, Skoda, BYD, VW Group, Kia, Xpeng.

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