this post was submitted on 14 May 2024
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United States | News & Politics

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President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)
submitted 6 months ago by [email protected] to c/[email protected]
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[–] Ledivin 9 points 6 months ago* (last edited 6 months ago) (3 children)

Also no US auto-manufacturer is going all in on EVs

Tesla? Rivian? Lucid? Faraday? Fisker?

To be clear, yes, of course I understand that those are all luxury brands, but that doesn't make your statement any less false.

No, the major auto manufacturers aren't going all-in on EVs, but that are all getting deeper every year. There's no reason to expect that progress to slow down, as they're all quite entrenched in the technology at this point.

[–] [email protected] 15 points 6 months ago

Average new car cost is $55,821, and average cost of ownership is $12,182.

The American manufacturers do not want lower prices. Dealerships don't like electrics because there's less maintenance.

[–] grue 7 points 6 months ago (1 children)

Tesla? Rivian? Lucid? Faraday? Fisker?

To be clear, yes, of course I understand that those are all luxury brands, but that doesn’t make your statement any less false.

I mean, of course the explicitly EV-making startups are going to be all-in on EVs. The distinguishing feature that makes them not count compared to [established] US auto manufacturers isn't that their stuff is luxury, it's that they didn't exist before and have no previous internal-combustion product line to pivot away from.

[–] [email protected] 4 points 6 months ago

What companies have gone all in on EV making that isn't a relatively new company/startup?