The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
Which of these behemoth legacy automakers have been “spurred to dash for cheaper EVs?” Most of the recent headlines have been about these automakers complaining that they aren’t selling enough EVs and are therefore going to reduce their investment in them, which is quite the opposite of what we’re hearing in this article. This article only seems to mention automakers pushing for cheaper supplier costs just like any other business would do.
Nah domestic manufacturers just build shitty cars that people don’t want, dealerships are tacking on ADM which is driving sales away, and interest rates are the highest they’ve been in decades.
EV sales keep increasing by large amounts YoY which disproves “a lack of desire.”
Which of these behemoth legacy automakers have been “spurred to dash for cheaper EVs?” Most of the recent headlines have been about these automakers complaining that they aren’t selling enough EVs and are therefore going to reduce their investment in them, which is quite the opposite of what we’re hearing in this article. This article only seems to mention automakers pushing for cheaper supplier costs just like any other business would do.
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Nah domestic manufacturers just build shitty cars that people don’t want, dealerships are tacking on ADM which is driving sales away, and interest rates are the highest they’ve been in decades.
EV sales keep increasing by large amounts YoY which disproves “a lack of desire.”