42
The march towards an all-EV future hit a major roadblock. What went wrong?
(www.businessinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Jan 2024
42 points (100.0% liked)
Technology
37699 readers
268 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
All companies care about is profit margin. This is why automotive companies are so focused on trucks and SUVs. These vehicles cost a bit more to produce but can be sold at multiple times the additional investment. When electric vehicles took off they were a status symbol and sold primarily to luxury car buyers. US manufacturers beholden to share holder value will never focus on affordable transportation. This is why China will eventually eclipse the US in electric vehicles.