Plus (like Tesla showed) there will be a point where you are past the development costs and are making money. Pretty safe bet that once the “skateboard” basic foundation is determined for the competing companies individual models and variations will cost much less going forward. Not sure what the at number or date is, but smart companies and their investors know this.
The issue is economies of scale. Batteries are pretty expensive but EVs are also just low volume products right now compared to ICE. So anything unique to them just flat costs more.
Wait what? EVs are selling at a loss?
EVs are already pretty expensive, how much are they supposed to be selling for?
Rivian losses like 70 grand per truck. This is normal for new tech
Plus (like Tesla showed) there will be a point where you are past the development costs and are making money. Pretty safe bet that once the “skateboard” basic foundation is determined for the competing companies individual models and variations will cost much less going forward. Not sure what the at number or date is, but smart companies and their investors know this.
There is one company making a profit on them. That also has the lowest prices on them.
The issue is economies of scale. Batteries are pretty expensive but EVs are also just low volume products right now compared to ICE. So anything unique to them just flat costs more.