this post was submitted on 19 Jun 2024
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The price of electric cars are rapidly falling down to ICE levels in many parts of the world tho
I live in Malaysia a third world country and recently there is a noticeable growth in EV sales over here
I hope the prices keep falling here in the US as well. Right now they're pretty much all as expensive as more luxurious cars, and the ones that are affordable kinda suck.
one of the major reasons is that new cheap evs cant compete with used premium ones, hence the desire to develop a cheap EV, at least in the states, is economically prohibitive.
basically because of how picky people are, especially with budget cars, the risk of devlopment on them are extremely high. Make the wrong cut and youre suddenly a bankrupt company