The big questions for automakers in budget EVs
"Think [Toyota's gasoline-powered mainstay] Corolla and other entry-level vehicles," said Stephanie Brinley, associate director of research at S&PGlobal Mobility."There's nothing wrong with having a basic car as a first car. It's a reasonable expectation to have a lower feature point." The lowest-cost EVs may have as little as 250 miles of range between charges, similar to the existing $28,000 Nissan Leaf and cars like Hyundai's Kona that sell in the mid-$30,000-range now, letting consumers save by going for a smaller, cheaper battery, CFRA Research analyst Garrett Nelson said.
by 20 percentage points by 2026, according to a presentation to analysts on the company webcast on March 23. Another 25 points of margin will come from falling battery costs, and from redesigning vehicles so they can use smaller batteries, said Ford CFO John Lawler.Tesla devoted the biggest chunk of its March 1 investor day to explaining its next-generation strategy, which it said will drive down unit production costs that are already low by another 50%.
"We don't think any other automaker is even close to that number," vice president of drivetrain engineering Colin Campbell said, a contention backed by engineering firm Munro & Associates, which says suppliers to other automakers charge $2,500 or more for similar systems.
Lol. It won’t.
Woohoo, invest in coal. What else is gong to charge these bad boys?
yes, buy a little hot wheels size EV for $25,000 ....I am sure a working family family of four will find this to be a useful car...
You will not like a cheap electric car.
Gonna be equivalent to a Yugo with a battery
Good thing it'll only cost you $25k to replace the battery in 5 years...
This Ford car was made from Hemp plastic and designed to run on Hemp Fuel. We'd be building them now if not having the same bosses in charge who black balled Hemp in 38.
Sorry I must have missed it, which one of these is $25K?
VW ID 😌
Not a single 25k car on ur list
Yep Tescam Chapter 11
It's about time!
They've been gouging customers and now that the competition is heating up, look at the prices drop! This is typical AmericanGreed ' Rob consumers as much as you can until you can't!
Can manufacturers make money at that price point?
IONIQ
Good news!Good luck and success 👍!
Now get into an accident and your battery get scratched and your insurance company deems your car a total loss 🤣
Keep your electric car...garbage....
Cool, but $7500 will only PARTIALLY (50%) pay for a replacement battery
Govt paying you to buy something