“We are just not producing the EVs the consumers want at a price point they want.”
Van Jackson, previously an official in the Obama administration and now a senior lecturer in international relations at Victoria University of Wellington in New Zealand, says electric cars still need to fall in price if the market is to grow substantially.
“How do you bring workers along and increase their wages, and have a growth market for these products, given how expensive they are?” he asks.
“I’m an upper-middle-class person and I cannot afford an EV.”
He is skeptical about whether shutting the world’s dominant producer of EVs and related components out of the US market will reduce the price of the cars and encourage uptake. “The tariffs are buying time,” he says.
“But towards no particular end.”
Millions of Americans opting to continue buying combustion-engine cars over electric vehicles, despite President Joe Biden’s ambitious target of having EVs make up half of all new cars sold in the US by 2030. Last year, the proportion was 9.5 per cent.
.Here are the top political news stories for today.
@DiplomatChamoisGreen2yrs2Y
Bear in mind that the operating cost of a decent EV is radically different to a gas-guzzling ICE car. The number of components radically reduces the failure rate. Electricity, in the Tesla case obtained from a widespread fast Supercharger network or from local home slow chargers, is cheap. Bear in mind, when you consider this issue, that the oil companies want you to believe that their products are necessary for ever. This is wrong. Treat every story about problems with EVs to a fossil fuel influence detection scan.
@SincereWidgeonMountain2yrs2Y
"Computer with car peripherals" puts it very nicely. You can actually get a used early Telsa S very cheaply for the premium car it is. You can swap the touchscreen and computer for the latest model if you want, at low cost. The software is constantly updated. So there you go - an up-to-date premium EV at low cost.
For most folks, a plug in hybrid may be the next logical step. Eliminates range and charging anxiety, and the EV range of 40 miles is generally good enough for a week of driving in the town or city (school runs, shopping, etc.). I love my PHEV, and expect to be driving it for the next 5 to 7 years. By that time I expect to shift to an EV with better range, better charging infrastructure and probably better choice….
@AmnestyRaisinsUnity2yrs2Y
When we ll have adequate battery technology (in cost and performance) and appropriate network, it will make sense to move to electric cars and it will likely happen.
In the mean time, narratives of last 15 years that market is quickly turning to electric only helped to irrationally inflate valuations of certain stock or start ups
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
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