And it seams that all market soon will be Chinese because they can make cars much cheaper!!

  • Buquecharmaine@alien.topB
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    1 year ago

    yeah, VAG is really making moves in the EV space. And don’t forget about other markets outside the US, like the UK. Stellantis group and Renault are also pushing EV and hybrid vehicles. Lots happening beyond just Chinese manufacturers.

  • iqisoverrated@alien.topB
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    1 year ago

    ICE cars are far more profitable. Old auto will drag their heels as long as they can (while keeping ther greenwashing/low volume production cars in the mix so that they don’t totally lose touch with the way technology advances)

    They are under the (mistaken) impression that they can then just scale up when the changeover is finally mandated by law. But by then their brand impression will be so low that no one wants their cars and everyone will buy Chinese or Tesla.

  • bobjr94@alien.topB
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    1 year ago

    There are are many new factories being built in the US and the market won’t soon be all Chinese. But of course some companies who have been building cars for 100+ years would rather not change and spend money to update their factories to EVs.

  • Sfl2014@alien.topB
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    1 year ago

    It’s not just you, it was the plan all along to slow-walk the transition. That’s why they made sure not to invest in charging - that and their insistence on pricing them much higher than ICE equivalents helps them claim the demand is soft.

  • GasseousFume@alien.topB
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    1 year ago

    Beginning in 2035 many states have already said that gas vehicles sales will no longer be permitted. That is less than 12 years away. It’s gonna happen.

  • jakgal04@alien.topB
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    1 year ago

    The old saying in business is the bigger the ship the harder it is to steer.

    Thats why there’s been a lot of startups and small name brand EV’s coming to market. Eventually “major” companies will invest more and more, but its not cheap, not easy and not quick.

  • ConfidentLo@alien.topB
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    1 year ago

    It’s up to us consumers to force the transition by only buying electric. We’re more powerful than governments.

  • swissiws@alien.topB
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    1 year ago

    Legacy automakers moved slowly and now it’s too late to catch up. They are all going back to ICEs to stay alive and their political friends are going to help them (at least in Europe this is what happening). This will doom them in the long term, but most of the really old men that own the industry will be dead by the time, so they don’t care

  • South_Butterfly6681@alien.topB
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    1 year ago

    Hyundai and Kia are all-in on EVs. Their factories in the U.S. are being built for battery manufacture and EV manufacture to get the tax credits to boost sales. Until then they have cut prices on some EVs to help stay competitive.

  • TheDutchTexan@alien.topB
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    1 year ago

    Because the movement has been slowing down. Incentives are the only lifeline. The moment they go more potential buyers walk away.