chilladipa@alien.topB to Electric Vehicles@gearhead.townEnglish · 10 months agoHyundai and Kia are 'pulling ahead' on strong EV demandelectrek.coexternal-linkmessage-square20fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkHyundai and Kia are 'pulling ahead' on strong EV demandelectrek.cochilladipa@alien.topB to Electric Vehicles@gearhead.townEnglish · 10 months agomessage-square20fedilink
minus-squarefeurie@alien.topBlinkfedilinkEnglisharrow-up0·10 months agoUntil we see profit numbers on EVs it doesn’t matter how many vehicles are sold by a company. Bolt sales didn’t matter if they “pulled ahead” because it didn’t work for the company which is why they cancelled it. Also October numbers were down compared to last month and last quarter so we should continue to pay attention to see what happens next.
minus-squaresns_bns@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoIt does matter how many vehicles are sold because of economies of scale. Profitability is only possible once the production has been scaled up sufficently because of the big investments that are necessary.
Until we see profit numbers on EVs it doesn’t matter how many vehicles are sold by a company.
Bolt sales didn’t matter if they “pulled ahead” because it didn’t work for the company which is why they cancelled it.
Also October numbers were down compared to last month and last quarter so we should continue to pay attention to see what happens next.
It does matter how many vehicles are sold because of economies of scale. Profitability is only possible once the production has been scaled up sufficently because of the big investments that are necessary.