thrill
Well-Known Member
- First Name
- billy
- Joined
- Jan 14, 2020
- Threads
- 19
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- 773
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- Location
- South Carolina
- Vehicles
- i3s, (r1t)
- Thread starter
- #1
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.
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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