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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars
(www.washingtonpost.com)
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this post was submitted on 27 Aug 2023
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Are the US and EU late, or is it a deliberate business decision from EV car manufacturers to aim for bigger and luxury cars because they make more profit?
China is subsidizing EV companies crazy hard. They brought musk in with Tesla to steal all his tech and train their workers to do it too. So bonus points for exploiting Elons hubris and ego. He was going to be first American company to be a leader in the Chinese market without them stealing all his tech. Crazy it didn't work out.
Tell me you know nothing about Chinese EVs without telling me you know nothing about Chinese EVs. BYD's best sellers are actually plug-in hybrids, which is in no way "stolen" from Tesla.
Whatever happened to hybrids? Why did we all the sudden decide we need to push for 100% electric nationwide?
Hybrids were an necessity when large batteries weren't feasable (in the first Leaf, for example, the 24kw battery was about 80% of the cost, it's amazing they could sell it at a profit at all).
Falling prices and increased capacity means that isn't really the case any more, and it's not really worth the complexity of a hybrid.
Hybrids have all the issues of both combustion and electric cars and none of the benefits. Well, except for fast refueling.
Hybrids were a great transition technology that never got as widespread as it should have, but now pure EVs are practical, and approach legacy car prices. They’re still a little high but it’s in the ballpark enough that the low operating cost make it worthwhile