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RE: EVs Are Still Premium And Not Into The Economy Class

in LeoFinance8 months ago

I think mass adoption of EVs will be considerably contingent on the price of EVs flipping the price of ICE cars. The economy car buyer doesn't much care about "cheaper in the long run" because they only have so much money up front, to begin with.

And if the whole "age of prosperity" thing is going to happen, all these things we use — including EVs — will have to become much cheaper...

=^..^=

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They will flip when they enter the segments ICE is in. They are already flipping premium brands.

As I stated, most EVs are not cheaper than a Toyota Corolla because they are not in the economy segment. Within a few years, they will be.