Big carmakers show they too can gain from the electric car shake-up
CNN
Startup automakers, like Lucid and Rivian, often make the point that, as Tesla has shown, electric car shoppers are open to trying new brands. What's true for startups, though, is also true for big automakers like Ford, General Motors and Volkswagen.
For those long-established car companies, new electric vehicles are attracting customers who are not current owners of their brands, according to data from the automotive website Edmunds.com. That means electric vehicles are bringing in those always sought after "conquest sales." These are sales that not only bring in revenue but that can, automakers hope, create new long-term customers.
If everything goes right, that is.
After recent burglaries at homes of professional athletes – including Kansas City Chiefs stars Patrick Mahomes and Travis Kelce – the NFL and NBA have issued security memos to teams and players warning that “organized and skilled groups” are increasingly targeting players’ residences for such crimes.