View Single Post
      08-17-2022, 01:31 PM   #57
Rat_House
First Lieutenant
221
Rep
363
Posts

 
Drives: M2 Comp, Gated R8, DatsunZ, mk
Join Date: May 2013
Location: Stamford, CT

iTrader: (2)

Quote:
Originally Posted by heavyD^2 View Post
Quote:
Originally Posted by Rat_House View Post
The issue is most consumers either don't want EVs or cannot afford EVs, and even fewer consumers want performance related EVs. So while it seems great that companies are spending billions in R&D to get out ahead of it, the consumer demand isn't there, it's not organic it's an artificial push by government. So these companies will spend a ton on R&D and production just to sell hundreds of cars, and end up losing money.
The demand is absolutely there. Most EV's have long waiting lists including Teslas. The biggest issue right now is automakers can't build them fast enough to satisfy demand. Price is an issue but in time it will come down. There are still hurdles in infrastructure though as I can't imagine owning an EV in a situation where you live in an apartment and have to park on the street.
Obviously low production volume Brands will have a waiting list… to add some perspective Tesla has sold 1.9 million cars since 2003. BMW sold 2.1 million last yr.
Cos270608.50