48
Auto execs are coming clean: EVs aren't working
(www.businessinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Nov 2023
48 points (60.3% liked)
Technology
59570 readers
3463 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
It’s the batteries. They are the biggest cost in an EV. The margins on such a car would be too low. Even the new Volvo XC30 is 35k plus which is one of the cheapest and most barebones EV.
But Volvos have never been cheap. Also big and heavy forever.
Make an eFit for $15 - 20k and sell a bazillion of them.
Good luck finding enough batteries for that many cars. That’s the entire problem right now. They can’t scale the production to the point that will make the production of econobox EVs reasonably profitable. Because the worldwide production capacity of lithium batteries is lagging behind the demand right now. Also why the cost of the batteries are high.
Well the answer is right there - smaller cars, smaller packs. Can power 2 or 3 fit sized EV's for every lightning F150 pack.