this post was submitted on 21 Aug 2024
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Electric Vehicles
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A lot of the OEMs are LOSING money on the EVs they sell, and they've outright said it's the next generation vehicles we'll finally be able to start making low profits on, which mind you, many of them are delaying.
It's a lot more complicated than just swap the engine for a battery. They tried that and lost a shit load of money.
The cars require whole new architectures and supply chains and that's expensive.
Do you really feel entitled to them selling cars for a loss while they figure their shit out?
If I have to tell them how to implement thirty year old technology they’ve intentionally ignored while cooking the books on their EPA numbers, yeah.
What, do they need a bailout from the US taxpayers too? They got fifteen billion dollars in Net Profit last year. Howabout laying off your C-suite geniuses and build - what is it? - A “people’s car”?
They have no interest in doing so because the profit margins aren’t good enough. So yes, they may intercourse themselves forthwith.