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Cake day: November 7th, 2023

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  • its less about the subsidies and more that budget buyers in the U.S in particular are very picky buyers.

    while the federal/state EV tax credits, you can get vehicles like the Chevy Bolt for 20-22k. regardless the car still isnt that popular (meaning theres something specific about the car that buyers dont want).

    for those buying used cars, theres not mamy reasons why someone would buy a say new 18k-20k EV that had many cuts in design vs an older premium EV. Used 2016 Model S for example can be found near 16k. its a new cheap car vs used premium car debate

    this places a burden any any auto maker trying to make a budget car, because in order for it to sell well, they need to have razor thin margins, and sell a lot. failure to do so would spell the end of your compamy due to how many you produced.








  • Dudewitbow@lemmy.ziptoxkcd@lemmy.worldxkcd #2948: Electric vs Gas
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    10 days ago

    one of the major reasons is that new cheap evs cant compete with used premium ones, hence the desire to develop a cheap EV, at least in the states, is economically prohibitive.

    basically because of how picky people are, especially with budget cars, the risk of devlopment on them are extremely high. Make the wrong cut and youre suddenly a bankrupt company