This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Here Are the New Electric Cars You'll Be Seeing on the Road by End of 2016

NEW YORK (TheStreet) -- When investing in the car business, it is important to understand not just what the competitive landscape looks like today, but also what it will look like more than two years from today. 

This goes especially for the electric car market because it is still in its early stages, with lots of non-linear leapfrogging likely over the next few years.

I'm using "electric car" in this definition: Any car that has a plug.  This means all-electric cars, obviously, but also plug-in hybrids. These hybrids combine a battery for the ability to drive anywhere between six and 80 miles on electricity, with a gasoline engine for longer distances.

The other definitional focus of this article is in terms of price and volume.  I am not interested in very expensive or too exotic cars.  For example, Audi has said that it is working on an electric version of its mid-engine two-seat R class. However, the price is expected to be somewhere above $130,000.

What's a relevant price for the broader market? Some would say $30,000. I think a first step is up to $45,000 and a second step is up to $70,000 -- before any tax adjustments. Therefore, the focus of this article is to identify models that may be in production by the end of 2016 at prices below $70,000.

Must Read: Many Stocks Were Killed Thursday Despite Headline Numbers: StockTwits

With those caveats in mind, let's go down the list and engage in some educated speculation:

General Motors (GM):  A Chevrolet Volt 2.0 is expected to be announced in less than a year from now, probably only a few short months before going into production.  It will retain the performance formula of the current 1.0, but cost a lot less to manufacture.  It will obviously have a more refined interior and perhaps be offered in multiple (mini-minivan) body styles.

On the pure electric side, a longer-range electric car from GM would likely have to be introduced together with a major charging infrastructure initiative.  One could envision a 200-mile EV as well as a longer-range, 300-mile EV flagship launched under this kind of major EV initiative near the end of 2016.  This would be naturally done under the Buick and Cadillac brands.  One might surmise these cars would be priced near $50,000 and $70,000, respectively.

Ford (F):  There is no hint about Ford's future electrification plans.  By extrapolating from today's offerings, one can assume more plug-in hybrids to be offered.  As far as an all-EV with 200-, let alone 300-mile range, there is no indication anything is forthcoming until late 2016 at the very earliest.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $112.34 0.00%
FB $89.89 0.00%
GOOG $614.34 0.00%
TSLA $247.69 0.00%
YHOO $31.77 0.00%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs