Is amazing how many people think everybody are in their personal situations, always looking at issues from their worldview…
I pay less than $100 per month. I have no intention of owning a fast depreciating asset that need to be replaced every few years. I am environmental conscious 
save the planet… own the ICE car for 13 years… CO2 emission of manufacturing an ICE car is less than that of three EVs.
Speed of depreciation of a typical EV is scarily fast.
I pay about $300 a month for gas. But I drive over 30,000 miles a year.
Ones of my friends bought a Y just before the $15k price cut. Ouch. I rode in it last weekend. It’s honestly not impressive. It seems like a fairly cheap economy car with a fancy screen to distract from the overall cheapness.
They have zero idea WTF they are doing with the EV cars and subscriptions for them. They are trying to hire people with SaaS experience, but they don’t even understand it enough to ask intelligent interview questions. It also made me realize how huge the pay gap is from tech to auto. They aren’t going to attract top talent.
While reading about Hyundai being “All In” on their EV plans
I learned that there is a joint venture between Saudi Arabia and Foxconn to create their own EVs.
Thoughts?
If it’s hard it’s an opportunity to win the market if you can make this work while others struggle. Others already figured out the easy solutions so won’t be able to differentiate.
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Quality of labor matters.
Got my Subaru serviced this morning. The dealer had just one of Subaru’s electric cars there. It was marked down from $54,000 to $38,000 and still no one wants it.
Study determines the astronomical true cost of electric vehicle ownership
Even with recently slashed prices and tax incentives, the report said that EVs will remain more expensive than their ICE counterparts for years without “increased and sustained government favors.”
…to say nothing of the added maintenance costs.
Watch this XPeng park itself in its memorised parking space (on another level), after getting activated via voice assistant.
https://twitter.com/_mm85/status/1727689015573311750
" Another issue that EV owners may face is reliability. According to a November study by Consumer Reports, many EVs are less reliable than internal combustion vehicles or hybrids. This study collected data on more than 330,000 vehicles, from the 2000 to 2023 model years, and looked at both the number and severity of repair issues. Because of the growing number of EVs on the road, the report included items such as electric motors, EV/hybrid batteries, and EV charging systems.
The top 5 most reliable brands were Lexus, Toyota (which owns Lexus), Mini (owned by BMW), Acura, and Honda (which owns Acura). While these carmakers also manufacture EVs, Toyota has stood out among its peers as an EV skeptic, saying that consumers should choose what technology they want, and the company has focused on hybrids for those who prioritize reducing CO2 emissions.
Tesla, the best-selling EV company, ranked 14th in the study. Rivian, the other EV maker to place in the top 30, came in at 28th.
“Overall, hybrids have 26 percent fewer problems than cars powered by internal combustion engines,” the report states. But EVs have 79 percent more problems than gasoline-powered vehicles, and plug-in hybrid electric vehicles performed the worst, with 146 percent more problems than internal combustion vehicles, the report said.
And while EVs are claimed to be cheaper to maintain because they have fewer moving parts, they tend to be much more expensive to repair if they’re in an accident. This makes them, on average, 23 percent more expensive to insure than gasoline-powered cars.
That’s interesting. Maintenance costs and repair costs are separate issues. I wonder if the reliability is mostly a Tesla issue, since they make up the majority of EVs. Prius is the top selling hybrid which would explain why hybrids are so reliable. EVs should be more reliable if they are competently designed and manufactured.
I also found this particularly shocking -
" One study suggests that, due to these central planning programs, Americans are chipping in an average of $48,000 for every EV sold, whether they buy them or not. An October report by the Texas Public Policy Foundation, titled “Unmasking the True Costs of Electric Vehicles,” states that the actual cost of EVs is being obscured by “socializied” subsidies, money transfers, and other expenses that are being passed on to the public at large."
The Lightening chews. Uses a boatload of electrons and has a tiny towing range. Pretty useless.
Oof. $2.5B to less than $15M. The math on the scooter and bike sharing business never made sense.
Mercedes beat Tesla in coming out with an eVan first.
Very good looking cars from Rivian. That’s what you’d expect if Steve Jobs made cars.
