• ShepherdPie@midwest.social
    link
    fedilink
    English
    arrow-up
    1
    ·
    6 months ago

    The added price is likely partially due to the development costs for these companies retooling their factories and doing R&D to develop these new platforms in a company that has been building ICE vehicles for the past 50-100 years. Luxury vehicles bring a markup that helps to offset these costs until these vehicles become more ubiquitous, parts are easier to source, and prices come down. You can’t compare the cost of a brand new design to something like the Camry which had the general design ironed out 40+ years ago.

    If you look at sales numbers, the Model 3 is outselling the cheap alternatives like the Leaf and Bolt 20:1, so it seems like many people are willingly choosing to pay more rather than buy the econobox option. The average sale price for a (any) new vehicle is around $50k currently, and there are a multitude of options in that price range.

    • AProfessional@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 months ago

      This is all true. I just genuinely believe more EVs to market would be good for the consumer over the coming years.

      • ShepherdPie@midwest.social
        link
        fedilink
        English
        arrow-up
        2
        ·
        6 months ago

        I agree, but I think we’ll have to wait for the technology to mature a bit. It seems the battery chemistry and design are what’s stalling things but lots of companies are investing in new tech like solid state batteries.