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musicantz t1_iu785d1 wrote

Most people can’t afford BEVs today. What are they going to buy? This seems ill fated

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Bobrobot1 t1_iu78ubt wrote

They’re going to buy BEVs… because prices change with time, and this move tells automakers that they are about to need to address this new market of sub-20,000 euro vehicles. Cars are going to have to drop in price, because automakers aren’t going to want to miss out on this huge demographic.

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musicantz t1_iu7abcv wrote

I think they’ve been trying, but it doesn’t exist because BEV tech is still expensive. It requires rare earth metals and big battery packs that cost a lot to make. We’re pretty good at combustion tech and building a combustion engine is much cheeper. Without massive subsidies across the entire EU I struggle to see how this can be implemented.

The cheapest BEV today is $30k. That’s the Nissan Leaf at the lowest trim package. Maybe the industry can lower costs a little, but we would need a pretty big jump in tech by 2035.

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Bobrobot1 t1_iu7f6ze wrote

The 2023 Chevy EUV is $27k, which is decently cheaper, and shows a general trend towards competent cars at cheaper prices.

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