The withering dream of a cheap American electric car

Money quote:

“As automakers were profit maximizing during the supply chain crisis era, you are going to prioritize the bigger vehicles, the more expensive vehicles with their higher margins,” Tyson Jominy, vice president of data and analytics at J.D. Power, told me. “Now we just don’t have” these cheaper models.

This. Yep, automakers have deliberately gone after higher profit margins per vehicle. Huge-volume, lower-cost cars are slowly going away. Get one while you can, if that's your thing.

US Congress has mandated a growing list of advanced features, leading to complex vehicles, complex supply chains, and higher sticker prices.