jrefior, (edited )
@jrefior@hachyderm.io avatar

If you're in the market to buy an EV, you probably think they're really expensive.

But most carmakers aren't profiting off EVs. At all. In fact they're losing money.

Takes time to achieve economies of scale with new technology.

"EV prices today are set with initial losses in mind. 'They’re trading off: how much money are we willing to lose in order to gain market share and brand credibility in the EV space.'"
https://www.marketplace.org/2023/10/25/affordable-electric-vehicles-steb-back/

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