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Automakers must build cheaper, smaller EVs to spur adoption, report says
(arstechnica.com)
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this post was submitted on 01 Dec 2023
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Kia Forte
Hyundai Venue
Nissan Versa
Mitsubishi Mirage
Kia Rio
Kia Soul
Cars aren't supposed to cost more than half your annual income. Half the country makes less than 36k a year. The domestic auto makers are trying to hide behind inflation for their price increases, but their record profits tell us they aren't just raising prices with cost.
2024 Kia Forte $19,790 Starting MSRP - https://www.kia.com/us/en/forte
2024 Hyundai Venue $19,800 Starting MSRP - https://www.hyundaiusa.com/us/en/vehicles/venue
2024 Nissan Versa $16,130 Starting MSRP - https://www.nissanusa.com/vehicles/cars/versa-sedan.html
2024 Mitsubishi Mirage $16,695 Starting MSRP - https://www.mitsubishicars.com/cars-and-suvs/mirage
2023 Kia Rio $16,750 Starting MSRP - https://www.kia.com/us/en/rio (There isn't a 2024 version as this model has been dropped)
2024 Kia Soul $19,990 Starting MSRP - https://www.kia.com/us/en/soul
Which of these cars that you listed are $15k? The Chevy Bolt EV is less than half the cars you listed when you look at the base price ($26,500) minus the Federal Tax Credit ($7,500).
The original comment I replied to said that "there is not a single affordable EV" in the US and I listed 3 that are under the average cost for any new cars in the US. Then you claimed that EVs need to be $15k in order to reach mass adoption, even though there are no new cars available in the US at that price. You can argue that cars are priced too high, or the car companies are making too much money, but the fact is that for anyone in the market for a new car, there are EVs available in every new car price range.
Oh I'm sorry the price isn't exact across different manufacturers and models? That's just ridiculous. And yes there's a reason the Bolt sold so well.
It's ridiculous that the examples you gave don't back up the statement you made? Yeah, I agree.
I also agree with my original statement that the Chevy Bolt is one of 3 affordable EVs currently available.
Cars that cost most of a year's income are not affordable. No amount of semantics is going to make that true.