this post was submitted on 01 Dec 2023
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Automakers must build cheaper, smaller EVs to spur adoption, report says (arstechnica.com)
submitted 1 year ago by boem@lemmy.world to c/technology@lemmy.world
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[–] SlopppyEngineer@discuss.tchncs.de 1 points 1 year ago (1 children)

Small cars, small profits.

[–] dubyakay@lemmy.ca 11 points 1 year ago (1 children)

Lots of small cars sold, lots of small profit.

[–] SlopppyEngineer@discuss.tchncs.de 3 points 1 year ago

For a lot of producers, that's not even true for ICE cars anymore. More safety features and emission regulations make them more expensive to produce relative to larger cars.