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Electric vehicles won’t become cheaper for a few more years. 102.5% EV tariff is huge. Meanwhile Ford loses $100,000 on each EV it sells
by melling 2y ago
Electric vehicles won’t become cheaper for a few more years. 102.5% EV tariff is huge.
Meanwhile Ford loses $100,000 on each EV it sells
- josephcsible 2y ago> Meanwhile Ford loses $100,000 on each EV it sells No they don't. The calculation of that number incorrectly included the fixed costs.
- melling 2y agoYes, I understand that. There’s no magic. You have to sell in volume to break even. The fixed costs must be included in the calculation Someone has an HN post if you’d like to discuss https://news.ycombinator.com/item?id=40357306 https://news.ycombinator.com/item?id=40357306
- tooltalk 2y agothe average cost of EVs has been declining without Chinese EVs in the US market and they would continue to decline with or without Chinese EVs.
- melling 2y agoThere’s a reason for the 102.5% tariff https://apnews.com/article/china-byd-auto-seagull-auto-ev-cae20c92432b74e95c234d93ec1df400 https://apnews.com/article/china-byd-auto-seagull-auto-ev-ca...
- tooltalk 2y agoBYD's competitiveness comes from their gov't protectionism and illegal subsidies. (see my above comment on how the Chinese gov't eliminated foreign competition to protect CATL/BYD since 2016).