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I strongly disagree. One problem with your sub-20k market argument is that battery prices are going to keep falling, so in a few more years ev sticker prices ar
by woodandsteel 7y ago
I strongly disagree. One problem with your sub-20k market argument is that battery prices are going to keep falling, so in a few more years ev sticker prices are going to be equivalent. Another is that most sub-$20k manufacturers make a large part of their income from more expensive cars, and so for that reason will be in grave danger of bankruptcy.
As for chargers, the number is expanding rapidly, for a variety of reasons. That means every year that goes buy there are more people who are in a position to buy an ev.
Yes, ice's will keep selling, but the numbers will be going down which means that the economies of scale that present manufacturers depend for profits will no longer be there. They will also be stuck with fixed expenses. That means to make a profit they will have to raise prices, which will just drive sales down faster.
Also resale prices will plummet, which will give drivers more of a motivation to buy an ev. Also governments concerned with climate change, which is basically every large developed country besides Russia and the present US federal administration, will be pushing ev's and punishing ice's (like is already going on in China).
As for your point the auto industry moves slowly, that is why many companies will go bankrupt.
- deleted 7y ago[deleted]