Quote:
Originally Posted by Martinjlm
They actually did do as you suggested. You probably don’t remember because it went over like a wet fart. I’ll toss some names out there. Stop me when you recognize any. Ford Focus EV. Chevrolet Spark EV. Fiat 500e. Nobody cared.
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I don't remember any of those as being affordable, practical (range), or attractive compared to these new BYD offerings. Also, the government wasn't full-on driving an agenda back then, with regulations and subsidies to artificially drive demand.
Speaking as consumer, if I'm committed to taking a 50% depreciation loss, I'd digest that loss much easier on a $10k disposable car that will take up less space in the landfill one day. I might even get most or all of it back, ROI on fuel savings. I wouldn't have to drive nearly as much to recoup $5k loss, compared to a $60k+ loss on a
Porsche Taycan EV.
Regardless, if you're confident demand is not there for a BDY econo-box BEV offering, then we have nothing to fear. So lets open the floodgates! If consumer demand is there (largely due to high interest rates and tightening credit) then OEMs need to adapt quickly, which I don't see happening, so they'll look to the government to protect them and fix it, which always ends well, or something.