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I routinely get downvoted on various platforms including here when I attempt to remind people of this simple and obvious fact. EV's do not have to be spaceship
by gorkish 3y ago
I routinely get downvoted on various platforms including here when I attempt to remind people of this simple and obvious fact.
EV's do not have to be spaceships.
But carmakers have a lot of difficulty envisioning a future where their BOM costs go down. They want to sell the customer a vehicle at the very limit of their purchasing ability. In fact, with the EV credit the strategy is even worse: they can now sell a customer a car that is $7500 more expensive than the customer could originally borrow/afford. Its fucked up in the extreme.
Here we are in the US quibbling over the minutiae of a $7500 tax credit; meanwhile China is getting busy building $7500 A-segment EVs. Guess how that is gonna work out