2019 will be the year of the luxury electric car

New York (CNN Business)For the all-electric luxury car and SUV market, this year’s release of the Jaguar I-Pace was just the beginning. Starting next year and continuing in 2020, Jaguar will start getting competition from brands like Audi, Mercedes-Benz, BMW, and Porsche. Tesla will also be raising the competitive bar even further.

Tesla hasn’t shown its smaller Model Y crossover yet, but an unveiling is expected next year and production, possibly, the year after.
Audi, meanwhile, will ramp up its electric lineup quickly. The Audi E-Tron SUV was unveiled in September. The German auto maker is already taking $1,000 deposits for the SUV, which will be available in the United States next spring.

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