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Lexus Unveils Refreshed 2018 NX 300 and 300h

SUV Manufacturers to Offer More Electric Models

There are several emerging trends in the popular SUV segment. The first is a focus on diversifying product lines, as Chevrolet and other brands are adding high-performance models and stylish package additions to appeal to a wider base of buyers. Along with this, another trend is more manufacturers are building electric SUVs. In many regards, this makes sense. Many prospective buyers are interested in clean technology and an electric SUV affords them a chance to reduce their carbon footprints. Additionally, while the cost of buying an all-electric model is more expensive, there are cost savings to owning one along with tax rebates. One, you don’t incur any fuel expenses, which could save you thousands of dollars over the life of ownership, and two, you don’t have to do regular repairs such as oil changes. With all these factors in mind, having a vehicle that is environmentally friendly and promotes lower costs of ownership are two huge factors that make electric SUVs such appealing choices. Manufacturers have taken notice of that. With the Shanghai Auto Show upcoming, Volkswagen is one of many manufacturers looking to cash in on the electric SUV interest.

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