2/ Then you brought up cost. Again, prices are higher today but that is because of a # of factors: first they are premium cars, they havent entered economy market for the most part.
You are viewing a single comment's thread from:
2/ Then you brought up cost. Again, prices are higher today but that is because of a # of factors: first they are premium cars, they havent entered economy market for the most part.
Have you taken into account the rare minerals involved in making those batteries and the U.S.s current fight with China that just retaliated by banning export of them to us?
So China is not going to export to its biggest customer? That is like the debt ceiling nonsense and people saying the US might default. Politicians limiting their spending? Was never going to happen.
Like always, geopolitics ebbs and flows. If Xi has another leg lower economically, he could have a revolution on his hands. He might have that anyway. But you do bring up a valid point about the supply chain.
And how we have to alter that. There is one solution...start construction as a massive pace. And that is something companies and the gov't have to look at. The latter there isnt much hope for but companies have an opportunity.
Needless to say, most ppl junk a car if it needs a new engine or tranny that cost just $1k-3k, so they will if it needs a battery that's much cheaper than they are today
It seems most people junk a car when the lease runs out or they can flip the loan into a new one. That is the American way with well over 100 million car loans out.
You don't junk a car when the lease runs out, it goes back to the leaser.