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If I had to guess... Because EVs are still a luxury item. All the green-deal-EVs-are-the-future talk is basically hot air. At least in my circles, all the EV
by lynx23 2y ago
If I had to guess... Because EVs are still a luxury item. All the green-deal-EVs-are-the-future talk is basically hot air. At least in my circles, all the EV owners have medium-to-high income. Its a luxury. And therefore, prices are high, because, you know, customers can and should be squeezed to the max.
- user_7832 2y agoThe annoying thing is that there's nothing inherent about EVs that make them expensive/luxury. A budget EV is just as possible as a budget car, sure, the range may suffer (unless it's a hybrid) but it's technically possible. It's companies and maybe consumer preferences driving this. I'd guess luxury EVs just have a fatter margin.
- infecto 2y agoIt is a mixture that plays off each other. Consumers don't want small cars in the US and mid-size cars provide far better margin.