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But because of industry consolidation and other factors, the bottom dropped out of mass-market books.
Source: https://www.nytimes.com/2023/11/27/books/review/among-friends-buz-janet-teacher.html
Given MG’s positioning more as a more mass-market brand, the production Cyberster is likely to undercut upcoming electric sports cars like the Lotus Type 135, due in 2026, as well as the next Tesla Roadster.
He also briefly mentioned two new mass-market models under development, saying he hopes to make more than 5 million of those vehicles, but did not elaborate.
Maybe not, but they’re picking up more affordable cashmere and other goods from mass-market labels like J.Crew, Banana Republic and Vince.
Nio offers electric SUVs priced between $50,000 and $70,000, expanding with new sedan models and a 2025 mass-market brand.
Source: https://investorplace.com/2023/09/the-top-3-ev-stocks-to-buy-heading-into-q4/