Automakers must build cheaper, smaller EVs to spur adoption, report says

Yeah no shit. Every hyped new EV is more expensive than the last. They just discontinued the cheapest EV you can buy in the US (the Chevy Bolt) and they say they're going to replace it with an equivalent on the new platform but I will eat my hat if it's not more expensive than the Bolt.

And of course the Cybertruck finally comes out, years too late and significantly more expensive than originally hyped.

People WANT to drive EV's but they need to make them affordable to regular people.

They claim the battery s the big expense but here's the thing: I have a PHEV with like 35 miles of electric range that is perfectly fine on electric only for weeks at a time. Sure, lots of people need EV's with huge range. But TONS of people don't! I suspect the first mfr to clue into that will make money hand over fist.

This is the way

Fiat releases 500e

“No wait not that small!”

This is why the Chinese manufacturers are doing so well. Instead of telling people what they should want, the Chinese have asked people what they want, then made exactly that.

They can't do it profitably, so repeatedly saying this is pointless.

They need to learn how to make EVs profitably first. Then they can make a large scale smaller one.

Otherwise they'll just bankrupt themselves.

Edit below

GM is finally starting to say their EVs will be profitable in 2024 and that's with higher margin vehicles. And I'm still skeptical it'll be true, but hopefully they can pull if off.

https://www.motor1.com/news/698833/gm-evs-become-profitable-mid-2024/

General Motors is facing the formidable challenge of steering its business into the new era while grappling with financial setbacks. GM's top finance executive, Paul Jacobson, acknowledged earlier this week that the company's current electric vehicle lineup is operating at a financial loss. However, he remains optimistic, asserting that the tide will turn by the second half of next year, with EVs projected to generate profits surpassing their production costs.

Pro car comment but the fact that batteries and most ways of charging are not green. If they really wanna stick to EVs then focus on ev trains and buses and with that a better public transportation infrastructure.