We Were Wrong About Electric Cars

EV Companies keep going bankrupt. So it begs the question, are Electric Car companies doomed to fail? Were people wrong about the future of EVs?
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#evs #electriccar #fisker

[iCozzh]

One thing to note, almost all car start ups fail regardless of their propulsion choice. Car companies are almost impossible to pull a profit on let alone a mass producing car maker.

[ZiadAunallah]

These companies are failing because nobody asked for another six figure electric car. What we need is a car that's sub $25k USD, fully optioned out, with over 300 miles of range and a reliable and standardized global charging network.

[Squilliam-Fancyson]

ALO: Where is Fisker?
Crew: Fisker, unfortunately has retired, Fernando.
ALO: Karma.

[philmarsh]

Looks like "Fake it until you make it" didn't work so well.

[elsina]

Over 100 years ago, thete were tons of car makers, the same thing happened back then. The ones that survived are mostly the ones that exist now.
The same thing will happen to ev car makers.

[Sir_Cactus]

I do not hate the concept of an EV. I just hate everything around them. Tesla started the hype, so every other manufacturer has to do what Tesla does, no matter how terrible and nonsensical. Best example is the touch screen. You are not allowed to text and drive for a reason, so why put a giant touch screen in a car (answer: because it is cheaper than buttons and dials).
And the worst thing is, consumers even praise Tesla for it, no matter how terrible of an idea it is, because "it is so minimalistic and futuristic".

[sacestar]

I LOVE the old Celica GT in the background!

[AnimeRoot]

Short Story, making a car company is hard. Making and EV car company is Hard. Go watch the movie Tucker just to get an idea of how hard it is to break into the market. It's insane.

[mgronich]

You've missed the key part. There are about 100 Chinese EV carmakers. Most of them will go bankrupt and get bought out. The remaining are super competitive, able to make the same quality cars as GM, Ford, Tesla at 1/2 the cost. The 100% tariffs? Doesn't bother them. The US is not the largest car market, China is, by far. And then there's the rest of the world. The big legacy car makers in the US plus the 3 Japanese giants, plus the german giants used to dominate the china market and the world market. All of them are in deep trouble except for Tesla. The japanese car makers are in deepest trouble. Their huge manufacturing operation in China will go to zero in 3-4 years. Japan's global market will survive a couple more years. Tariffs can only save the domestic market. Japan and Germany needs the global markets to survive.

[Hotpack]

The Fact is: Electric Cars are ok .. but we already have enought. Its the same in ICE World.. there are not 500 ICE Brands (anymore). There were enough with 1000 Flavours but they all died. And the world needs no 500 E-Cars Manufacturers either.

[DBGMLV]

Back in 2020-2021 when the EU came out with the ridiculous ICE ban after 2035 I was the only one in my friend group/family to say: That's ridiculous and it's not happening. Everybody and their grandma were telling me I just like ICE-cars, it's going to be EV-Only blah blah blah. What happened: Countries pulled subsidies for EVs and people stopped buying them, which in turn made car companies and regulator think about the viability of said ban. I am not against EVs, I think they have their purpose - for example package delivery vans, small city cars or bigger ones for people who's commute is say up to 100ish miles and they can charge at home and at work. Hell, even my driving habbits would be perfectly suited for an EV, but I prefer ICEs for the emotion they give you and I also live in a multiunit building and have nowhere to charge. I could use public chargers, but as part of my job is phone support for said chargers and I know how much of a hassle they can be - I simply can't be bothered - my car is supposed to make my life easier, not be a hassle.

[-POISON-]

How about Nikola? The EV Semi truck company whose founder is in prison for fraud?

[TheZenFlo]

The same problem is in every of these companies. “World beating” “fastest” “world class” “most luxurious” “best in class”

Just make a damn car that works. That should be the first plan. Make a car that works. Once you have the funding, thats when you switch. These idiots are dreaming too big, they are focussed more on the tech than they are on the car.

[ichitensho]

they need to stop making big sedans/suvs, they need to concentrate on small compact 2 door hatch cars that has no fancy overpriced tech and 400 screens and just make a physical button interior with just the basic stuffs like ac and electric locks but manual windows and such to make it ACTUALLY affordable

[baki]

A story from Germany. I live there...
It is not a problem to sell a new EV car. The problem is with used EV vehicles.
Most of the cars were sold on Leasing. After 3 years, you bring your three-year-old car, get a new one and continue paying...
The problem is that absolutely nobody is looking at, nor wants to buy, a used EV car with 100-150, 000 km.
Every day I pass by a VW dealership. In the place where used diesel vehicles were sold (which were sold in a short period of time), there are now standing and piling up EV cars - which no one wants to buy.
Imagine the profit of VW.!?They sell you a new car for 40.00 euros, after 3 years you take a new car, and they try to sell your car for 27.000 euros, and no one wants to buy it. Conclusion: The prices of used cars will be drastically low, which is a clear loss for the company which produces them. EV is an unsustainable story.

[MoonLiteNite]

If you have to fund a company, by stealing from the citizens of a county -- the odds of the company making something of value is pretty danm low.
Good ideas don't require force

[random_videos_production]

No wonders. They produce vehicle that are overly complicated, and are expensive to buy for the consumers.
Why not produce simple vehicles. No screens. Just the most important components in order for the car to work.

[sas.j]

What did you expect from a company that loses more than 500k on a sold car.
Chinees BYD shows that it can do it for much less. They even managed to be EC compliant, which the new CT from Tesla can't.
Oh, and let's not mention the price...

[GameDev]

The biggest problems:
1. Availability and complexity to charge -- You often need apps, there's issues, or not enough chargers available. Government needs to invest in chargers like they did for gas pumps and infrastructure for petroleum.

2. Home charging is expensive to set up and monitor -- often needing a service upgrade or panel install into a garage or external location.

3. EV manufacturers don't focus on durability and reliability, as well as post-sale support networks for repair and availability of parts. Try and get a dc->dc charge board for pretty much any EV and it'll be insane amounts of money and long wait times. Batteries are often design to NOT be modular and repairable -- any issue requires replacing the battery as a whole unit.

4. EVs often are over-designed, opting for more error prone/catastrophically failing parts vs older designs to "seem newer and hip." Why do I NEED a screen to shift, change basic hvac controls, and my music? Why are there no buttons?

5. EV manufacturers LOCK down ANY communications and ability to diagnose your OWN car. I refuse to buy an EV if I cannot connect an OBD2 / OBD3 scan tool, and see every option/read out and troubleshoot my OWN car without paying $2k a year for the "license" to the software to do so.

6. Every part, software, and design is held tight and no 3rd parties are allowed to make substitute parts, or given specs/help to make them reliably. If my car is $30k and it's $5k to replace a broken infotainment screen because of a small bad cable that missed having a grommet -- and they didn't design it to be modular/gotten to easily -- why would I want that vehicle?

Until these are fixed, heavy handedly -- the public won't mass adopt EVs. They just won't be ABLE to even if they like the tech.

[redparis]

Its not rocket science.
I want to take my $20k car down the street and fill it up in less than 3 minutes. I don't want to sign into an app, I don't want to verify my email, i don't want to charge for 20-60 minutes, I don't want to spend a minimum of $30k for my car, I don't want to spend $10k+ for my battery when it goes bad, and I don't want to charge every 200 miles.