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There are plenty of very, very good EV out there, have been for years but those other automakers are already servicing shareholders with pretty reliable profits
by jonway 1y ago
There are plenty of very, very good EV out there, have been for years but those other automakers are already servicing shareholders with pretty reliable profits.
As a result they just treat ev and hybrids like any other model for the most part wrt marketing and so forth. It’s understandable that you wouldn’t want to cannibalize regular sales and service. Financially, they don’t need to. It does help their CAFE fleet standards.
It doesn’t make as much sense for Toyota since they have some of the segment (economical or environmental buyers) covered by Camry and Prius, which they’ve been making for like 30 years.
As for “why should cars change every 3 years”, well, they don’t.
Other automakers typically develop a platform and use it as a base for many models over several to many years.
Mercedes-Benz platforms have lasted over a decade, encompassing many badges. GM make Escalades and Yukons, they are the same platform with different options.
There is a sure benefit of Tesla: competition in the EV space, since they had no product to match GM.
Just an aside, electric cars aren’t even close to new, Tesla was not first to market. They were pretty popular 120 years ago, but clearly things change.