Stellantis CEO Gets Surprisingly Candid about ElectrificationThat appears correct when electric brands like Tesla, Rivian, and Polestar are compared against Mazda, Honda, Nissan, etc. Obviously apples-to-oranges when comparing directly because these are luxury vehicles, but raises the question of whether they are luxury mainly because of high price, or because of non-powertrain content differences? I don't know. Regardless, a buyer with limited budget can purchase an average Mazda or Honda for almost half the cost of an average Tesla or other electric brand. There are some cheap electric cars, but do we know to what degree they are subsidized by ICE profits?
For years Musk has promised an entry-level affordable Model 2 (with other name) for North America but it keeps getting delayed. It appears much easier to absorb the higher battery and electrification cost at the higher MSRP, whether vehicle is truly a luxury vehicle or not.
Tavares' point made over years is that electrification adversely affects the working class disproportionally.Sun, 05 Mar 2023 15:49:22 +0000
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