I have owned a Tesla, and I leased my wife a Bolt a while back. She's convinced, I'm convinced, but with the lease coming to an end next year we probably will not replace the Bolt with another EV. Why? Prices. I was ready to buy a Mach E, but then Ford raised the price something like 6 grand while simultaneously losing the $7500 tax credit. That effectively bumps the price of the car into a territory I don't think ma…
I wonder if we will ever get back low-margin cars. Auto companies are getting addicted to high margins and post-purchase charges. The CEO of Stellantis is explicit about this.
The end result may be BYD replacing Chevrolet or Toyota.[1]