More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
That would require having both houses of Congress in favor of spending significant amounts of money. The Republicans control one, so it's not happening this cycle.
Get back to me when an EV is released that doesn’t require an Electrical Engineering degree to do any work on it, doesn’t require $1M+ in manufacturer’s diagnostic hardware for every tiny issue, doesn’t have DRM that locks the vehicle down after any manufacturer-unapproved work, and which doesn’t upload gigabytes of my driving metrics for the manufacturer to monetize without my permission or knowledge.
About the only chance I currently have for any of this is to convert a classic car.
i'd be cool with those things if i could get one of those awesome $10k byd's; but they're banned in my country due to new protectionist laws.
paying 2x as much for an older tesla that still has these problem feels like a bad idea; but i know plenty of people who are tesla fan boys who wouldn't be able to afford a tesla otherwise.
it looks like i'm going to hang onto my 15 year old car for another 15 years until ev's in this country costs the same as they do everywhere else in the world.
Electric vehicles were always supposed to be cheaper than ICEs. They're just giant batteries. All the sophistication is in the software which is trivial to reproduce.
And I honestly don't want most of it. I just want something to get me to work and back. I don't need a big screen with lots of doodads, I just need to know charge level and whatnot. I don't even need to find charging stations, I'll just charge at home.
Make a stripped down, simple EV for cheap and I'll probably get it.
It's nice to see us reaching a tipping point where the market forces are no longer pushing so hard away from EVs. And it provides a good, texbook example, of the government stepping in to promote a better technology, until that technology can be fully competitive on it's own.
It's nice to see, but $40k is still a rich-man's market. I've never paid more that $12k for a vehicle, and that was a fully-loaded SUV. No I do not buy anything new, and until there are enough used EVs to reach the $6000 market you still won't see a significant number of them replacing older vehicles. I also tend to have high standards -- my first car (a 1974 Pontiac) was driven for 24 years and over 300k miles. That was replaced by the mentioned SUV which I've now driven for 15 years and have no real problems with (I do need to replace the upholstery on the front seats soon). How do EV's rate for reliability so far?
What happened with the chip shortage is that the automakers shifted to fancier trims and making fewer vehicles at higher prices. All new cars became outrageously expensive.
It’s nice to see, but $40k is still a rich-man’s market. I’ve never paid more that $12k for a vehicle ... How do EV’s rate for reliability so far?
brand new ev's outside the united states cost $10k now (more with tariffs) and i'm wondering how much longevity matters at this price point; especially if that price point is lower for a used one.
i live in the united states and we have the a 100% tariff on new ev's and even with that it's still cheaper than any american ev; but i don't want to pay $20k for something that has little supporting infrastructure (gladly for $10k) so i too will be keeping my 15 year old car longer.
EVs become more attractive when the renting class can own them—not just homeowners. Almost no rental housing option or even condos offer the facilities to charge.
market has hit an inflection point,” said Randy Parker, chief executive of Hyundai Motor America, which will begin producing electric vehicles at a factory in Georgia by the end of the year.
Even if Republicans gain control of the White House and Congress and follow through on promises to dismantle electric vehicle subsidies, they may not be able to undo the market forces pushing down prices.
Electric cars, sales of which have slowed in recent months, are still more expensive than gasoline models, costing an average of $55,252 in the United States in April, according to estimates by Kelley Blue Book.
High prices and the fear of not being able to find a place to recharge are the two biggest reasons people hesitate to buy an electric vehicle, surveys show.
Manufacturing costs are dropping as traditional carmakers, who were slow to sell electric vehicles, start to apply their decades of experience with mass production to the new technology.
But costs will come down as companies learn how to produce the cars more efficiently, Mr. Biswas said — for example, by eliminating rare minerals from electric motors or replacing copper wiring with aluminum.
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We don’t have the electrical infrastructure to handle the extra load. We barely have enough capacity for the additional a/c units in hot climates. Just look at Texas and California’s power outages and brownouts.