BlazinAzn38@alien.topBtoCars@gearhead.town•Saudi Arabia plans to enter joint ventures to make cheap ICE cars, to undercut EVsEnglish
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1 year agoNot only their economy but their global power
Not only their economy but their global power
Wow are you telling me that cars(mostly) are just depreciating assets and cane be bought and sold for profit?
For me the value wasn’t there when we were shopping. When we were looking on 2021/2022 it was like $62K delivered for 220 miles of range. I know range isn’t the only thing that matters but that to me felt really bad
I think it also depends what your other car is. Going from a model 3 to a Civic is a downgrade in most ways across the board
I live in the middle of F150 country and have only had positive experiences. I feel like people just read into people being assholes while driving. They weren’t an asshole to you because your car is electric they’re just assholes
You can check financial statements for these recent EV startups to get an idea but Lucid lost $631M in Q3 this year. Their cars cost $470M to make, R&D cost $231M, and business costs were another $190M. They only had $138M in revenue. I think Lucid’s costs are wildly out of scale and probably something fishy is happening behind the scenes but that’s a data point