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> This makes sense because most are being sold at a big loss Your article is 3 years old and the economics of BEV production have changed rapidly in that time
by wbsss4412 4y ago
> This makes sense because most are being sold at a big loss
Your article is 3 years old and the economics of BEV production have changed rapidly in that time span. It quotes battery pack cost per kWh at $190-$210, but current prices are averaging closer to $132. [1]
The costs are primarily a function of scale, and the reason why there is limited supply is that you can’t scale manufacturing that fast. Within 2-3 years, major manufacturers will be pumping out millions of EVs and the economies of scale will really kick in.
> Plus, there are practically no used EVs on the market
The restrictions are on the sale of new EVs by 2035, so this is irrelevant. And to add, there will be a significant used EV market by then.
> The car companies haven't exactly figured out what to do about EVs and are selling a few half-baked products at a loss just for show, but its not sustainable at these price levels. I'll be fine, sure I don't want to pay 20-30k more for a car
Multiple manufacturers have released good products in the last two years, and you can buy a perfectly fine EV today for under 30k. (Nissan leaf, Chevy bolt)
[1] https://insideevs.com/news/552010/electric-car-battery-prices-dropping/ https://insideevs.com/news/552010/electric-car-battery-price...