this post was submitted on 21 Aug 2024
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Electric Vehicles

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115
Why No One Wants To Sell You A $25,000 EV (insideevs.com)
submitted 3 weeks ago by [email protected] to c/[email protected]
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There is a fundamental truth you have to understand about car companies:They do not exist to make cars. They exist to make money. That distinction, analyst Kevin Tynan tells me, is why they’re not really interested in making affordable electric vehicles.

Perhaps that’s an oversimplification. Tynan is the director of research at an auto-dealer-focused investment bank, the Presidio Group, with decades of experience as an analyst at firms like Bloomberg Intelligence. What he means isn’t that automakers have no interest in affordable products. It’s that their interest begins and ends with winning customers who will eventually buy more expensive, higher-margin products.

One of the auto industry’s dirtiest secrets is that at scale, it doesn’t cost that much more to make a bigger, more expensive than a smaller and cheaper one. But they can charge you a lot more for the former, which makes this a game of profit margins and not just profits. In recent years especially, that’s a big part of why your new car choices have skewed so heavily toward bigger crossovers, SUVs and trucks.

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[–] [email protected] 10 points 3 weeks ago (1 children)

I up voted you because the weights aren't that drastically different rn, but a Chevy Bolt is 3500lb while a larger civic with more cargo and passenger room is 3000.

[–] [email protected] -2 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Something like a Civic is also going to be one of the lightest cars on the road. I'd argue a more comparable vehicle to a Chevy Bolt would be another crossover SUV.

  • Mazda CX5 ~3700
  • Honda CR-V ~3500
  • Rav4 ~3500
  • VW Tiguan ~3800
  • Subaru Forester ~3500
  • Hyundai Tucson ~3500
[–] [email protected] 1 points 3 weeks ago (1 children)

But the bolt ev is a hatchback. The bolt EUV which is a small crossover is 3700lb, so comparing it to mid and large size crossovers is unfair to them, as they have more cargo and passenger room.

The CX3 weighs 3000lb, the Crosstrek is 3300lb, Honda HRV is 3200, the Taos is 3200lb, the Corolla cross is 3200lb, etc.

In the category of mid/large crossovers, a Model Y is 4200lb, an ID4 is 4500lb, and ioniq 5 is roughly 4200lb, an ev6 is 4200lb etc. and most of these go way higher too with long range options.

[–] [email protected] -2 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

But the bolt ev is a hatchback.

A GTI is a hatchback. The Bolt EV is a crossover.

The bolt EUV which is a small crossover is 3700lb

Okay but...we weren't talking about the EUV.

Not that it matters because a couple hundred pounds here or there ain't making any sort of significant difference.

[–] [email protected] 0 points 3 weeks ago (2 children)

Lol what? Then why'd you bring up the weight of a bunch of random SUVs? In that case, EVs are super heavy. My Miata weighs 2000lb and the hummer EV weighs 10,000lb. That's definitely more than a few hundred pounds difference.

[–] [email protected] -1 points 3 weeks ago* (last edited 3 weeks ago)

Then why'd you bring up the weight of a bunch of random SUVs

I don't understand the question. They weren't random. They were comparable vehicles.

My Miata weighs 2000lb and the hummer EV weighs 10,000lb.

Again, I don't understand. These are not remotely comparable vehicles.