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Most people fail to see that BEV's will eventually be much cheaper than ICE cars. This in turn will mean a huge drop in revenue and profits for car companies. T
by UltraViolence 4y ago
Most people fail to see that BEV's will eventually be much cheaper than ICE cars. This in turn will mean a huge drop in revenue and profits for car companies. They know this and are therefore (trying) to switch over to subscription based schemes.
Obviously these will all fail. I suspect the Chinese will make dirt cheap BEV's which have very finite lifetimes (in the order of a decade or less) to offset the drop in revenue and for Western car makers to follow suit in making similar junk-cars.
Just the other day the Ford CEO exclaimed that a BEV would require 40% labor to make [1]. Think of the savings that would bring!
[1]: https://cleantechnica.com/2022/11/16/ford-ceo-40-less-labor-to-build-electric-vehicles/ https://cleantechnica.com/2022/11/16/ford-ceo-40-less-labor-...