Why aren't battery power vehicles cheaper?

Quote: Pacomartin

If GM is going to take back the lead over Tesla in Califonia, it will probably be through massive sales volume of BEVs. Right now 69% of BEV sales in California are Teslas.

I do not think GM has recovered any market share anywhere is anything but a small way. I had no idea Tesla was outselling it in CA but then again given how goo goo people in CA are for Teslas not the kind of surprise to give me a heart attack.

As CA forces people to go BEV Tesla has to lose market share. They have no trucks or real SUVs. The truck they are making does not look like it has good utility. Time will tell on that.

If they lose much market share in CA it will be political….. the charging infrastructure in place is a massive benefit and advantage. Nobody in California outside of the Central Valley and emerald triangle drives a truck.

Honda is combining battery electric vehicles for city driving and fuel cell hydrogen engines for long distance driving.



Pros- avoids trying to recharge battery on the road
Cons- Hydrodgen fuel is ultra expensive and only stations are in CA and HI

Tesla has dropped the prices of it's lower priced sedan and SUV
• Model 3 Rear Wheel : $43,990 down $3000
• Model 3 Perfomance: $53,990 down $9000
• Model Y Long Range: $52,990 down $13,000
• Model Y Perfomance: $56,990 down $13,000

The industry average transaction price of a new car sold in America nearly brok $50K in December.

The new prices on Tesla's EVs put a lot of pressure on foreign automakers entering the market, Tesla has the advantage of tax credits

The Volkswagen ID4 Rear Wheel Drive is powered by a 201 horsepower and 229 pound-feet of torque
The Tesla Model 3 Rear Wheel Drive is powered by a 283 horsepower and 302 pound-feet of torque for $5K more.

The VW ID.4. has a starting MSRP for 2023 standard. $38,995.

The 2023 Kia EV6 starts at $48,500. The 2023 Hyundai Ioniq 5 starts at $42,785. The 2023 Toyota starts at $43,335