The $25k car is going extinct?

I work on my own cars now (as a hobby really) and one of the reasons the new cars are so expensive is they are much more complicated. A lot of this seems to be over-engineering IMO. This is alluded to in the article, but not explicitly stated.

The cars I work on are from the early 90s and everything is very simple to understand.

e.g. Electronics are normally simple circuits that aren't much more complicated than what you would find in a door bell and finding faults is normally just tracing wires and using a multi-meter. I had issues with the brake lights / reverse lights not working, the issue turned out that the spade like connector in the fuse box was pushed through and was making partial contact. Price to fix this was £0.

EDIT: Just remembered this isn't accurate. I had to buy a new reverse light. The entire reverse light assembly was ~£20. So the price to fix was about £20. The light assembly itself was like a big bicycle light.

My newer car needs a OB-II scanner to diagnose anything with a phone app. While this is arguably quicker it can be misleading. Sometimes it will be telling you that something is malfunctioning but it is really the sensor itself. These sensors are £200-£300 a piece. Replacing 4 glow plug sensors cost me £800. I was paying essentially to make the "you must service your engine" light to go away. There was nothing wrong with engine itself.

I think in time we see a similar trend with EVs. They are, by many metrics, vastly less complicated in terms of hardware. Software, of course, is another matter.

Software doesn't have to be complex. The most complex piece of software EVs absolutely need is the BMS and the charging protocol.

Everything else is super basic. There's a reason some of the earliest vehicles were EVs.

That's a wild statement from someone who has never built a commercial ev. Like all industrial hardware, the portion protecting from what shouldn't happen is twice as complex as the section regarding what should be happening.