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Bloomberg: cars are about to get a lot more expensive

thrill

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This is a pretty good twitter thread with various external links about the sticker shock coming soon to new vehicles.

Cars are about to get a lot more expensive / Twitter

" For automakers, this dynamic — of rising expenses and falling volumes — can become problematic all too quickly. That’s because the car industry has high fixed costs to begin with. Firms need to make a certain amount to break even. If production starts dropping quickly, then the cost pressure builds even faster and affects earnings disproportionately. "

Capping incentives is not going to have positive influences on getting already expensive EVs into the market.
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