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Electric cars will be cheaper to make than gas vehicles but with much higher repair and insurance costs
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this post was submitted on 11 Mar 2024
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Every new technology is initially more expensive, then as it moves into mass production the cost goes down because of economies of scale - more suppliers, innovations in technique.
Battery costs have gone down an insane amount already, and it doesn't look like they're done.
Going further, what percentage of accidents affect the battery pack? The article seems to conflate Tesla manufacturing techniques that make cosmetic repairs difficult with all electric vehicles - just because Tesla has long repairs doesn't mean all manufacturers do.
It also talks about electric manufacturers going out of business, but is it 15% by number of businesses or by manufacturing volume? Lucid and Rivian aren't making that many cars in terms of absolute volume, but could go under. Hyundai, Kia, Chevy et al. make a lot more cars and seem unlikely to collapse.