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I hope so. The price of EVs in the US market is ludicrously overinflated. It's understandable for new startups like Rivian, Lucid and co, but in the case of ex

by devmor 2y ago

I hope so. The price of EVs in the US market is ludicrously overinflated. It's understandable for new startups like Rivian, Lucid and co, but in the case of existing auto manufacturers, early adopters are subsidizing the cost of redeveloping tooling that should have been easily covered by nearly a century of profit leeched away by shareholders. GM, Ford and Stellantis should have been able to produce a sub-$20k EV by now, and none of their offerings should have ever been more expensive than a comparable trim ICE vehicle.

pixelatedindex 2y ago
> The price of EVs in the US market is ludicrously overinflated Maybe so, but the labor unions and general cost of doing business is higher in the US. But I think the major cost here is the batteries and charging tech. BYD is ahead on both these things - they were a battery company first, car manufacturer second. Their CEO is also very astute.
- devmor 2y ago
  >Maybe so, but the labor unions and general cost of doing business is higher in the US. Sure, and that's understandable - but I'm making a comparison to ICE vehicles. That doesn't provide an appreciable difference there.
cityofdelusion 2y ago
Sub $20k is not realistic in 2024. Even barebones ICE cars without AC and with everything cheap plastic start higher and return no margin. The last car that was widely available below $20,000 was the manual, no-ac Honda civic from the widely panned post-housing bubble model generation. Mitsubishi also sold a widely panned barebones model, their Mirage, that sold poorly. Cheap cars with no margin is a suckers bet. The auto industry carries way too much debt and can’t deliver such a product and remain in business for long.
- ProfessorLayton 2y ago
  A Nissan Versa starts at $16,390 [1] and has AC and power windows in the base model. $19,680 with a CVT upgrade. [1] https://www.nissanusa.com/vehicles/cars/versa-sedan.html https://www.nissanusa.com/vehicles/cars/versa-sedan.html
- devmor 2y ago
  There are multiple sub $20k ICE cars with AC and general accoutrements available in 2024. EV cars should be even less expensive, or the same price with more margin for the manufacturer. Please do not call things that currently exist unrealistic as hyperbole. It makes no sense.
- rsynnott 2y ago
  The Dacia Spring costs about 20k EUR before EV grants. Now, granted, it's a basic car, but it seems to be doable.

by devmor 2y ago

pixelatedindex 2y ago

> The price of EVs in the US market is ludicrously overinflated Maybe so, but the labor unions and general cost of doing business is higher in the US. But I think the major cost here is the batteries and charging tech. BYD is ahead on both these things - they were a battery company first, car manufacturer second. Their CEO is also very astute.

devmor 2y ago
>Maybe so, but the labor unions and general cost of doing business is higher in the US. Sure, and that's understandable - but I'm making a comparison to ICE vehicles. That doesn't provide an appreciable difference there.

cityofdelusion 2y ago

Sub $20k is not realistic in 2024. Even barebones ICE cars without AC and with everything cheap plastic start higher and return no margin. The last car that was widely available below $20,000 was the manual, no-ac Honda civic from the widely panned post-housing bubble model generation. Mitsubishi also sold a widely panned barebones model, their Mirage, that sold poorly. Cheap cars with no margin is a suckers bet. The auto industry carries way too much debt and can’t deliver such a product and remain in business for long.

ProfessorLayton 2y ago
A Nissan Versa starts at $16,390 [1] and has AC and power windows in the base model. $19,680 with a CVT upgrade. [1] https://www.nissanusa.com/vehicles/cars/versa-sedan.html https://www.nissanusa.com/vehicles/cars/versa-sedan.html
devmor 2y ago
There are multiple sub $20k ICE cars with AC and general accoutrements available in 2024. EV cars should be even less expensive, or the same price with more margin for the manufacturer. Please do not call things that currently exist unrealistic as hyperbole. It makes no sense.
rsynnott 2y ago
The Dacia Spring costs about 20k EUR before EV grants. Now, granted, it's a basic car, but it seems to be doable.