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Nearly all major car companies are sabotaging EV transition, and Japan is worst, study finds (thedriven.io)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 5 months ago (4 children)

The margins are thinner. There's almost no resale value. Someone might buy a 60k car and eat the payments for a few years, knowing that they can sell it any time for a decent price.

Buying a 60k EV is more like setting your money on fire. The car might be fine, great even, but it just won't hold it's value.

[–] [email protected] 4 points 5 months ago* (last edited 5 months ago) (1 children)

why is that? i don't think lithium batteries degrade THAT fast?

~~if the used market had these dirt cheap evs here id probably be considering them.~~ scratch that there is no way to charge them in my country unless you live in a house, or unless you can use regular power outlets hahaha

[–] psud 3 points 5 months ago

You can use regular power outlets if you drive less than a couple of hundred kilometres a day. I charge mine on a 15 amp 240V plug and it charges from 30% to full in about 10 hours. I charge about weekly

[–] [email protected] 4 points 5 months ago (1 children)

Guess I'll just buy a cheap used one then

[–] [email protected] 0 points 5 months ago

This is what I've done on my last 2 cars. First was a Leaf that I leased dirt cheap. The second was a used Tesla at more than 1/2 off. I'm looking at a truck now and finding amazing deals on the '23 F150 lightnings. I'd prefer a Rivian and I'm not quite ready to let my Tesla go, but soooooon.

Someday, the deals will be harder to find, but for now take advantage!

[–] [email protected] 3 points 5 months ago (3 children)

Those are reasons people don't want to buy EVs, not reasons for companies to sabotage the change over.

[–] [email protected] 3 points 5 months ago

Companies give zero fucks about anything but money.

Completely retooling for EVs is expensive with a lot of risk. And they'll make less money afterwards...

[–] [email protected] 1 points 5 months ago (1 children)

People not wanting to buy them seems like an entirely normal reason to be lukewarm.about making and selling them.

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

Not at 60,000 dollars they don't. But too bad, between the IRA and the Chinese EV tax the administration is making sure we aren't ever burdened with EVs cheap enough for mass adoption.

[–] [email protected] 2 points 5 months ago

There’s almost no resale value.

That is not an EV thing, that is a new, rapidly developing technology thing.