A renowned Japanese carmaker is introducing a few new sedans.

With Tesla and the rest of the electric vehicle market, that will be in competition.

Producers of electric vehicles across the industry have high expectations for the rest of the year.

even if that means, particularly in China, decreasing some prices to increase sales.

Tesla recently lowered the costs of the Model S and Model X, and Volkswagen lowered the cost of the ID.3.  

The market leader Tesla (TSLA - Get Free Report) is on track to deliver all 1.8 million of its vehicles this year.

In the first half of 2023, Tesla (TSLA) will deliver around 889,000 electric vehicles.

In 2022, the business delivered 1.31 million vehicles, a 40% improvement over 2021's output.