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Chinese cars are pouring into Mexico — and the U.S. is worried - Autoblog
(www.autoblog.com)
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this post was submitted on 16 Jun 2024
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The example of the mobile phone is pretty wrong. The first mobile cost about $4000 and the cheapest today still costs around $25. The original cars cost 30k adjusted for inflation with the cheapest today costing around 15.
Once again. It's always held true. Outside factors could make it take longer but ultimately you said never. Which basically makes your original statement near impossible.
I said a decade ago, not the very first. I also should have said "smartphone". Powering cars by battery isn't a brand new technology.
I was responding to a meme that said $15K, not $15K (inflation adjusted).
If you're not adjusting for inflation you're just betting that EV range won't come down in price faster than inflation. Seems like a bit of a technicality, but I still wouldn't bet on it myself. I have a feeling 350 miles of range is going to be pretty common in a few years.
I actually do think EV range will come down in price faster than inflation, and probably at a pretty significant rate too. I just think the the $15K, 350mi EV is unlikely to ever exist because:
That makes sense. Though it's not unheard of for breakthroughs in battery chemistry to lead to increased energy density, which would increase range without increasing weight.