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#15 |
![]() Drives: 67 Orange Mustang Coupe Join Date: Aug 2023
Location: CA
Posts: 103
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Nope. The cost of producing the battery's will become less. We already have a Chinese company BYD that sells an EV Dolphin for $16K USD because emission standards on productions different. Car prices will drop like computers did in the mid 2000's. Microchips and plastic all being produced by AI in a factory full of machines vs humans will drive the prices down.
Look at Tesla right now. $30k for a new Model3 or Y. Tesla plans on flooding the market with an affordable options. At that price, why not try it. Now if you said greedy company's like Ford, Chevy and Chrysler........yes they will be gone unless they change and commit to dropping prices. Come on Chevy. $110k + ADM for a EV RST Silverado. Even the EV blazer starts at $60k!!!! Thats around $1000 a month after taxes ![]()
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#16 | |
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Banned
Drives: 2023 Camaro 1SS Join Date: Apr 2014
Location: United States
Posts: 1,586
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Quote:
One of the issues is the startup costs of EV manufacturing. Each automaker is designing and testing completely new platforms, having to purchase different materials and components, begin new supplier relationships, negotiate new contracts, and quite honestly, recruit new talent. Automakers typically do this for things like flagship models which either sell for high prices, or very high volume or both -(think like new Chevy truck platform). Manufacturers are doing this in uncertain waters with EV's, and the volume isn't there yet. To spread out those initial R&D costs is really hard, and it makes the "cost" of building each EV extremely high - maybe even at a loss until they gain good traction in the market. I agree with your basic premise that prices should come down as time goes on, provided battery manufacturing gets cheaper and we do not have any more chip-snafus in the supply chain realm. The other thing is, automakers have us at an extremely high average transaction price already. They'll compete, but that floor will still be held relatively high. GM came out swinging in the "budget" EV market with the Bolt. It was a bold move...they knew they wouldn't be selling on volume yet, nor would they be selling on margin with a small car. No doubt they're losing money on it, but it costs money to be a potential big player in a new market. I think the new Blazer is priced way too high, but again, needing to spread out Ultium development costs. The performance will definitely be there in an SS, but they've stuck a name synonymous with "rental fleet" on the car in a total bonehead move. S10 Blazers were cheap junk. Loved 'em, but they were crap. Trailblazer was crap. The new icv Blazer is crap. And now they've stuck a crapified name on what should be a very good EV platform. Time will tell if it ever becomes popular. |
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