• 0 Posts
  • 693 Comments
Joined 8 months ago
cake
Cake day: November 7th, 2023

help-circle




  • Dudewitbow@lemmy.ziptoxkcd@lemmy.worldxkcd #2948: Electric vs Gas
    link
    fedilink
    English
    arrow-up
    5
    ·
    edit-2
    3 days ago

    one of the major reasons is that new cheap evs cant compete with used premium ones, hence the desire to develop a cheap EV, at least in the states, is economically prohibitive.

    basically because of how picky people are, especially with budget cars, the risk of devlopment on them are extremely high. Make the wrong cut and youre suddenly a bankrupt company






  • its a how many you can produce vs margins situation. not many companies want to take the risk on a high production low margin product, as failure would put you soo deep in the red that you wouldnt come out unless your first product knocks it out of the park.

    its why moat. conpanies are doing the top down approach (e.g Tesla, Rivian) where you cater first to the high margin vehicles and then make your way down. given the sales of cars like the chevy bolt and nissan leaf, people are picky about cars they buy, and the problem new car companies have is the one that vinfast has, which is “would an average consumer buy a new cheap car, or a used premium car” and its usually the latter.











  • is it insulting, depends on the person. if the person is known to be all about flexibility, then its not really a problem. to some it may be a problem because it shows to them that you didnt think very hard for a gift. E.G if your longterm SO who isnt married with you gave you money as a gift (over getting something youd probably eant/like given they should know you), may rub off in the wrong way.