Lee Duna to Technology@lemmy.worldEnglish · 11 months agoAuto execs are coming clean: EVs aren't workingwww.businessinsider.comexternal-linkmessage-square166fedilinkarrow-up1154arrow-down194cross-posted to: [email protected][email protected][email protected]
arrow-up160arrow-down1external-linkAuto execs are coming clean: EVs aren't workingwww.businessinsider.comLee Duna to Technology@lemmy.worldEnglish · 11 months agomessage-square166fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareBye@lemmy.worldlinkfedilinkEnglisharrow-up31arrow-down4·11 months agoThere’s no margins there. Just like in real estate, the best margins are at the high end. They won’t make affordable cars while they can make more money on expensive ones.
minus-squareWallEx@feddit.delinkfedilinkEnglisharrow-up14arrow-down1·11 months agoOther companies can, but the big ones can’t? Yeah, no. I don’t buy that for a second.
minus-squareripcord@kbin.sociallinkfedilinkarrow-up5·11 months agoLike who do you mean when you say other companies?
minus-squareDeceptichum@kbin.sociallinkfedilinkarrow-up4arrow-down1·11 months agoBYD seem to be making good.
minus-squareIWantToFuckSpez@kbin.sociallinkfedilinkarrow-up5·edit-211 months agoIsn’t that a Chinese company? They can probably get the batteries for cheaper than non-Chinese companies. Batteries are the biggest cost in a econo EV
There’s no margins there. Just like in real estate, the best margins are at the high end. They won’t make affordable cars while they can make more money on expensive ones.
Other companies can, but the big ones can’t? Yeah, no. I don’t buy that for a second.
Like who do you mean when you say other companies?
BYD seem to be making good.
Isn’t that a Chinese company? They can probably get the batteries for cheaper than non-Chinese companies. Batteries are the biggest cost in a econo EV