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152 points voisin | 1 comments | | HN request time: 0.206s | source
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bartvk ◴[] No.42168473[source]
https://archive.ph/9oIT4

I wish it would have adjusted for inflation. One quote: "The average transaction price for a new vehicle sold in the U.S. last month was $48,623, according to Kelley Blue Book, roughly $10,000 higher than in 2019, before the pandemic." However, about 9200 euros of that is due to inflation according to this calculator: https://www.usinflationcalculator.com/

That's a nitpick though. All in all, an interesting article, which can be summarized as: the EV car market is lacking demand, and car makers definitely don't want to make cheap EVs since it's already so hard.

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AgentOrange1234 ◴[] No.42168570[source]
If even ICE cars are now super expensive, why isn’t this a screaming opportunity for some auto manufacturer to target the low end of the market?

I’ve never spent more than 20k for a car. With prices like this, I’m just going to keep my old one as long as I can.

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p1necone ◴[] No.42168697[source]
I would imagine the most price sensitive buyers wouldn't be looking at the new market at all - there might not be enough demand for "cheap, but still nowhere near as cheap as a second hand car" to make the price point worth targeting as a manufacturer.
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smitelli ◴[] No.42168821[source]
They used to, that’s the thing. It used to be possible to get barebones A-to-B transportation with zero frills. Power windows/locks, air conditioning, ABS, power steering, automatic transmission—all manner of things that aren’t strictly required to get a person to/from where they need to go—could be optioned away if the buyer was very price sensitive.

In 1998 a Chevrolet Metro could be optioned without a radio or rear defogger, even. New purchase price was about $9k (equivalent to $14.5k today). Somebody was buying those, enough for it to be worth the manufacturer’s effort to produce it.

I suspect a whole segment of people would be willing to consider a no-frills EV at a comparable price point. Hell, if somebody made something new like a base model 90s Civic into a $15k EV without extra luxury nonsense I don’t actually need, I’d be in the dealership tomorrow.

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JohnBooty ◴[] No.42172936[source]
I want that too, but:

    Hell, if somebody made something new like a base 
    model 90s Civic into a $15k EV without extra 
    luxury nonsense I don’t actually need
They could strip all that stuff out, but it wouldn't really reduce the cost of the car by as much as we want it to.

The cost of much of the "luxury nonsense" like power windows and heated seats is heavily amortized since the tooling etc. is shared with the more expensive vehicles, and the actual material costs are low.

Think about it; heated seats are just some simple heating coils. You can get something functionally equivalent that plugs into your cigarette lighter adapter for like $10 from Amazon. It ain't adding that much to the cost of your car.

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1. HeyLaughingBoy ◴[] No.42174745[source]
Not only that, but there's a cost to variable manufacturing. It's easy to build thousands of the same thing. It's harder (read: more expensive) to build a thousand of one thing, and another thousand of a slight variation of that thing and yet another thousand of another variation...