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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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<blockquote data-quote="wilberforce15" data-source="post: 5403176" data-attributes="member: 5053"><p>Hybrids are irrelevant, and can be reasonably made within old ICE factories with retrofitting. An EV can't.</p><p></p><p>It requires a dedicated factory, designed from the ground up for the model that it is assembling. Otherwise, they will lose.</p><p></p><p>That's at least a 5 year process before they can match Tesla of 5 years ago.</p><p>The dedicated factories are why Tesla can have the highest margins in automotive history, while nobody else can even sell EV's at a profit.</p><p>The Ford 50k EV loses money on each one sold. The Tesla EV at 50k has about 12k of straight profit. Toyota can't and won't be able to sell an EV for profit at that price.</p><p></p><p>That's because Tesla can manufacture, and nobody else can.</p><p></p><p>It is an entirely different ballgame. Retrofitting factories can't and doesn't work.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 5403176, member: 5053"] Hybrids are irrelevant, and can be reasonably made within old ICE factories with retrofitting. An EV can't. It requires a dedicated factory, designed from the ground up for the model that it is assembling. Otherwise, they will lose. That's at least a 5 year process before they can match Tesla of 5 years ago. The dedicated factories are why Tesla can have the highest margins in automotive history, while nobody else can even sell EV's at a profit. The Ford 50k EV loses money on each one sold. The Tesla EV at 50k has about 12k of straight profit. Toyota can't and won't be able to sell an EV for profit at that price. That's because Tesla can manufacture, and nobody else can. It is an entirely different ballgame. Retrofitting factories can't and doesn't work. [/QUOTE]
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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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