this post was submitted on 25 Feb 2024
1 points (100.0% liked)

Futurology

1779 readers
9 users here now

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
1
“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers (thedriven.io)
submitted 8 months ago by [email protected] to c/[email protected]
80 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 8 months ago (1 children)

GM has negative margins on EVs:

https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c

As does Ford:

https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1

This takes seconds to research.

[–] [email protected] 0 points 8 months ago (1 children)

yeah they are pricing gouging on trucks and SUVs while designing shiti products that's expensive/hard to repair.

also tesla seems to be doing fine. GM should git gud.

[–] [email protected] 0 points 8 months ago

If you think the repairability of American cars is bad, you're in for a rough awakening with Chinese cars.