Electric Vehicles

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Overview:

Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Battery prices are falling, so why are electric cars still so expensive? (www.nature.com)

submitted 10 months ago by Davriellelouna@lemmy.world to c/electricvehicles@slrpnk.net

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[–] threelonmusketeers@sh.itjust.works 2 points 10 months ago* (last edited 10 months ago) (1 children)

Suddenly, my materials become cheaper, but the customer doesn't know.

Now I make something for 15$, sell it to you for 50.

That's only the case if you have a monopoly on production. Someone else could also make it for 15$, and sell it for 49$, forcing you to lower your prices to stay competitive.

What is preventing this with EVs?

[–] JacobCoffinWrites@slrpnk.net 4 points 10 months ago

In the US, bans on foreign cars which limit the number of 'someone elses' pretty dramatically.

Personally I also suspect a bit of collusion - they could sell it for less and undercut the competition but they all make more money if nobody cuts their price.