this post was submitted on 02 Mar 2024
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That's due to battery prices. You can't pay $25,000 for a battery, put it in a shitbox and sell it for $30,000 because nobody's going to buy a $30,000 car with the features and quality of a $5,000 car. Batteries can only be maybe a third of the cost of a car, so everyone's been targeting the top of the market with expensive EVs.
The good news is, battery prices are continuing to plummet each year. When you have $2,000 batteries, $12,000 cars are doable.
Bullshit. You can easily get a battery for less than $25,000. The Tesla model 3 is a 50KWh pack and is $14000 to replace and likely costs way less to make.
If you were really skilled you could buy 50KWh worth of cells for less than $10000.
The reason the batteries are more is because you have SUVs and Trucks that need twice the amount of cells for about the same range because they're not aerodynamic
The math still stands even with those numbers