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Vehicles aren’t just one technology though, they are commodity items. Cellphones are more expensive than a decade ago, so are laptops. The average ICE car has gotten much more expensive over time. So, do you think EV technologies will get significantly cheaper quicker than inflation and the general direction of the industry?
The example of the mobile phone is pretty wrong. The first mobile cost about $4000 and the cheapest today still costs around $25. The original cars cost 30k adjusted for inflation with the cheapest today costing around 15.
Once again. It’s always held true. Outside factors could make it take longer but ultimately you said never. Which basically makes your original statement near impossible.
I said a decade ago, not the very first. I also should have said “smartphone”. Powering cars by battery isn’t a brand new technology.
I was responding to a meme that said $15K, not $15K (inflation adjusted).
If you’re not adjusting for inflation you’re just betting that EV range won’t come down in price faster than inflation. Seems like a bit of a technicality, but I still wouldn’t bet on it myself. I have a feeling 350 miles of range is going to be pretty common in a few years.
I actually do think EV range will come down in price faster than inflation, and probably at a pretty significant rate too. I just think the the $15K, 350mi EV is unlikely to ever exist because:
That makes sense. Though it’s not unheard of for breakthroughs in battery chemistry to lead to increased energy density, which would increase range without increasing weight.
The Chinese government is subsidising the car industry to outcompete and destroy other manufacturers. These cars are being sold for less than they’re worth. This is why the EU is banning them. Its the same thing when you in wish and order something for 3 dollars. The Chinese government subsisdises the postage in China and international law means your post has to deliver it in your country.