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Cars has not been that expensive since decades. So maybe by "EV are becoming affordable", it means that the rest of the market became expensive enough ?
by JackSlateur 2y ago
Cars has not been that expensive since decades.
So maybe by "EV are becoming affordable", it means that the rest of the market became expensive enough ?
- acdha 2y agoOne thing to keep in mind is the difference between voluntary preference and necessity. Many Americans choose to gift thousands of dollars to car companies and dealers to buy high-margin SUVs and trucks, but anyone who couldn’t afford or didn’t want an expensive lifestyle accessory has cheap ICE options below anything in the EV space. I’m really hoping that a return to historically normal loan rates leads more manufacturers to compete in that lower end space because there are a ton of people who live in car-dependent areas which are also often less healthy due to pollution. EVs still have tire particulate problems but losing the tailpipe and ground pollution from gas is a very nice immediate win to pair with the long-term benefits of warming the planet less.