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The title quotes one financial analyst who expects a price war, but is there any evidence of that happening? My understanding is that all non-Tesla EVs are sold
by bertil 4y ago
The title quotes one financial analyst who expects a price war, but is there any evidence of that happening? My understanding is that all non-Tesla EVs are sold at a loss. I’d be surprised if they lowered their prices soon in a similar fashion.
- enslavedrobot 4y agoIt's hard to know because most don't report EV margins separately.
- germinalphrase 4y agoWhere are they making up that subsidy? Lower maintenance costs seems to be a key selling point for EVs, so I’d imagine it’s not that.
- rootusrootus 4y agoPeople who are shopping on TCO aren't buying Ioniq 5s, EV6s, or Teslas. If they are, they're delusional. These aren't cars you buy to save money. If that's your goal, a Bolt has >250 miles of range and costs 26K. Or 11K if you live in Oregon and have a moderate income. It's tough to find a car from any manufacturer with any fuel source that can touch the TCO on that.