4 ms·
Too expensive is another issue. The e-up from VW is the cheapest one they sell. It's 30k, more than double than the combustion version. I simply cannot believe
by mschild 3y ago
Too expensive is another issue.
The e-up from VW is the cheapest one they sell. It's 30k, more than double than the combustion version. I simply cannot believe that the same car but with battery an e engine costs 16k more.
- speedgoose 3y agoWell, VW sells an ID.3 for about 16k€ in China.
- tromp 3y agoThat sounds wrong but seems confirmed by https://insideevs.com/news/675842/volkswagen-slashes-id3-pricing-china/ https://insideevs.com/news/675842/volkswagen-slashes-id3-pri...
- SoftTalker 3y agoCost of doing business in China -- the government sets the price. You either play by their rules or get shut out.
- mschild 3y agoBy that logic, they'd keep VW prices high. China's vehicle manufacturers have made impressive strides of the past few years, especially in the EV market. Considering the growing nationalist tendencies, they'd try to get there citizens to buy more wholly produced and designed Chinese cars. How does lowering prices on foreign ones help that goal?
- reisse 3y agoNah, the price is because EV market in China is very competitive. Tesla there still has the brand value and dominates the premium segment, BYD and the likes hold all of the budget segment, where Tesla has no offering. VW cannot compete with Tesla because it has no such brand attachment in China, so it has to compete for budget segment, hence the budget car prices. Best-selling EV in China after Model Y is BYD Yuan Plus, which costs ~20k USD. That's the niche VW has to compete for.
- seanmcdirmid 3y agoVW has lots of brand attachment in China. Black Audis have been synonymous with rich officials since the 80s, and VW is not really a slouch either (they aren’t premium like their Audi brand, but that is true over here as well). VW is just behind on EV tech, they don’t have much to offer their Chinese JV partners beyond a brand.
- deleted 3y ago[deleted]
- epups 3y agoI can, considering demand is through the roof. If it's a good deal for the customer, that's another story. I'm not sure what the ROI is in fuel and maintenance savings but over the lifetime of the vehicle it's probably close?
- mschild 3y agoOh I was not questioning VW trying to charge as much as possible. I just believe the profit margins on those 2 versions are wildly different. Electric cars are more expensive to produce, for now at least, but that that price difference doesn't excuse a 2x price difference to the end customer.
- codedokode 3y agoIt is often said that electric cars are simpler than ICE, why are they more expensive then?
- panick21_ 3y agoBattery supply chain limits and cost. If you only have batteries for X amount of cars, selling X amount of expensive cars makes much more sense. Also despite being conceptually simpler, the cost of the battery is still high.
- shafyy 3y agoMissing economies of scale, for starters.
- dagmx 3y agoSimpler doesn’t mean cheaper to the consumer at time of purchase. You have to factor in R&D, price of parts etc… ICE cars have had decades to bring down the cost of manufacturing, through shared components and improved manufacturing processes. EVs are newer, with a lot of cost going into R&D that must be recouped and parts that aren’t shareable across their entire lineup of vehicles yet. The simplicity of EVs results in reduced ownership cost though with little maintenance required
- jandrese 3y agoSimple usually means fewer parts. Doesn’t mean those parts are cheap. Raw material costs for EVs are still a problem, although the increased demand in the past few years has spurred mining annd refining companies into action and we are now seeing drops in the Lithium and other commodity markets. The invisible hand at work.
- deleted 3y ago[deleted]