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Automakers must build cheaper, smaller EVs to spur adoption, report says
(arstechnica.com)
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this post was submitted on 01 Dec 2023
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You say that targetting only the top 5% restricts the adoption rate. Consider me shocked...
It's almost as if consumers influence markets.
unfortunately we have to have a competing option to vote for with our wallets. There is not a single affordable EV available in the US.
The Chevy Bolt and Nissan Leaf are both under $30k, and there's a Mini Cooper that's just barely over $30k. There's only 1 other car from Chevy that's cheaper than the Bolt, and only 2 models from Mini cheaper than their EV. Nissan seems to be a leader with cheap cars, with 6 cheaper models than the Leaf. When you add in the tax rebates for buying electric that reduces the price an additional $7500.
Just 20k more to go to compete with what chinese drivers have access to.
That's great. Half of America needs a 15k car. That's the magic number for Mass adoption.
And where are you going to find any new car in the US for $15k? The average cost of a new car in the US this year was over $40k, and there are several EV options available for practically anyone in the market for a new car.
Kia Forte
Hyundai Venue
Nissan Versa
Mitsubishi Mirage
Kia Rio
Kia Soul
Cars aren't supposed to cost more than half your annual income. Half the country makes less than 36k a year. The domestic auto makers are trying to hide behind inflation for their price increases, but their record profits tell us they aren't just raising prices with cost.
2024 Kia Forte $19,790 Starting MSRP - https://www.kia.com/us/en/forte
2024 Hyundai Venue $19,800 Starting MSRP - https://www.hyundaiusa.com/us/en/vehicles/venue
2024 Nissan Versa $16,130 Starting MSRP - https://www.nissanusa.com/vehicles/cars/versa-sedan.html
2024 Mitsubishi Mirage $16,695 Starting MSRP - https://www.mitsubishicars.com/cars-and-suvs/mirage
2023 Kia Rio $16,750 Starting MSRP - https://www.kia.com/us/en/rio (There isn't a 2024 version as this model has been dropped)
2024 Kia Soul $19,990 Starting MSRP - https://www.kia.com/us/en/soul
Which of these cars that you listed are $15k? The Chevy Bolt EV is less than half the cars you listed when you look at the base price ($26,500) minus the Federal Tax Credit ($7,500).
The original comment I replied to said that "there is not a single affordable EV" in the US and I listed 3 that are under the average cost for any new cars in the US. Then you claimed that EVs need to be $15k in order to reach mass adoption, even though there are no new cars available in the US at that price. You can argue that cars are priced too high, or the car companies are making too much money, but the fact is that for anyone in the market for a new car, there are EVs available in every new car price range.
Oh I'm sorry the price isn't exact across different manufacturers and models? That's just ridiculous. And yes there's a reason the Bolt sold so well.
It's ridiculous that the examples you gave don't back up the statement you made? Yeah, I agree.
I also agree with my original statement that the Chevy Bolt is one of 3 affordable EVs currently available.
Cars that cost most of a year's income are not affordable. No amount of semantics is going to make that true.
Porsche does have an EV, and there's an EV mustang now (only $45k, which shocked me)
Don't call that thing a Mustang 😡
Imo the mustang name should have been retired 20 years ago.
No way, the REAL modern Mustangs are rad.
I think it is at least as much about maturity of the technology, and competition in the market. Obviously we all want better cheaper cleaner cars. That hasn't suddenly changed.