02-28-2024, 10:08 AM
You will discover that the companies curtailing their plans are the ones who built half-assed products that no one wants.
Proof of this is the most basic feature...public charging. They all supported the stogy old CCS standard. The charging plug for CCS looks like something a 12-year-old would design, it's just awful. To make matters worse, they left the public charging network in the hands of companies that are too stupid to exist.
OTOH, Tesla designed bespoke BEVs that people actually want to buy. They run a public charging network that works (imagine that). In fact, it works so well that all the other automakers are switching to the NACS plug so they can use the Tesla charging network (...you led Mary).
I have no doubt that traditional automakers have learned from this experience and are busy working on designs for a $25K mass-produced BEV. Ford recently said they are working on one, and Tesla has been doing it for quite some time. Chinese companies like BYD already have models to compete in this segment (just not in the US yet).
The $25K BEV will be the tipping point IMO. Low maintenance costs, home charging is generally cheaper than gasoline, they are fun to drive. To be fair the cost savings are not what they should be due to low gas prices. Gas near me is $3.20 and I commute 100 miles per day and save about $60 per month.
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