Locator: 45852EVS.
EVs are too expensive: link here.
Three days ago I wrote this:
Now, "Ford, GM, Mercedes come clean on EV demand weakness."Up until now manufacturers blamed their EV problems on lack of infrastructure, lack of choice, range anxiety -- now they admit the obvious -- all those concerns are valid, but the real problem is "COST."
EVs are luxury vehicles, trending toward $100,000 for any vehicle that meets the needs of a family or a soccer mom. Chevy Bolts aren't the answer.
When I went to our local Tesla showroom -- several years ago -- folks "oohed and aahed" over them -- how "good" they looked. My comment at the time, "for $100,000 they better look good."
By the way, no one -- as far as I know -- has mentioned this. This debt was "one thing" when money was free (0% Fed rate) but with interest rates trending toward 5% this debt now becomes "something else."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.