this post was submitted on 25 Feb 2024
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“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers (thedriven.io)
submitted 9 months ago by Lugh@futurology.today to c/futurology@futurology.today
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[–] DdCno1@kbin.social 1 points 9 months ago (1 children)

GM has negative margins on EVs:

https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c

As does Ford:

https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1

This takes seconds to research.

[–] sadreality@kbin.social 4 points 9 months ago (1 children)

yeah they are pricing gouging on trucks and SUVs while designing shiti products that's expensive/hard to repair.

also tesla seems to be doing fine. GM should git gud.

[–] DdCno1@kbin.social 1 points 9 months ago

If you think the repairability of American cars is bad, you're in for a rough awakening with Chinese cars.