4 ms·

part of why they're not profitable is because of the saudis dumping oil, which may well be part of their motivation

• ams6110 11y ago
  How is that part of why they're (EV manufacturers) not profitable?
  • knappe 11y ago
    Easy. There is zero incentive to build a better car when the one you can buy now is so cheap. This is why in the States, SUV sales follow gas prices [0]. [0] - http://www.npr.org/2015/01/05/375201451/car-sales-surged-in-december-capping-a-good-year-for-the-industry http://www.npr.org/2015/01/05/375201451/car-sales-surged-in-...
    • mc32 11y ago
      That speaks to the "operating" costs not to the initial "investment" to get the vehicle off the dealer lot. Why can't a manufacturer make a profitable vehicle which is also affordable for the consumer, even at the high-end of the market?
  • coupdetaco 11y ago
    The demand for electric vehicles is in part a function of gas prices. The Saudis are cashing out because they feel it is advantageous to keep those prices low and undermine the appeal of alternative energy sources