Assuming you formed a legitimate company that sold fully assembled vehicles, I’d guess a minimum of $1 Billion USD in starting capital is necessary.

For starters, you will need a proper place to manufacture the cars. That’s going to cost at least 3 or 4 million before you buy equipment, which is probably around $1 million. Most of the money will go to wages for the employees. You’ll need enough to cover the first 3 or 4 years of expenses while you develop the first car. Then you’ll also need enough leftover for materials and production costs of the first car.

The startup cost is one of the big hurdles and most companies have a line of investors who help cover it.

It would probably be low volume production due the cost effective nature,

This is determined by a lot of variables, but the main one being how many cars you can sell. GMA and Pagani are smart and try to secure buyers before the car even enters production. But they can do that because they are lead by legendary car designers who are trusted and have fans.

The easiest way to start a car company is to work up to it. Start by manufacturing and engineering specific parts and then eventually grow the network and talent pool until building a whole car from scratch is feasible. You also wouldn’t jump to stand-alone models, but do conversion kits and kit cars first. Those don’t require as many resources and are less of a financial risk.

In my experience there are more Matt’s out there than jerks, but the jerks are pretty loud.

Should be no surprise to anyone who has looked at EV prices lately. I can walk into a EV Jag for the price of a RAV4. And given the lack of issues EV’s tend to have, I can see why people might spring for that.

No one should be surprised that BYD is dominating. Doug Demuro did a review of the Han and its nice. A $43k EV with stitched leather interior and is intended to compete with vehicles that are priced above $60k.

Also, China is where the US probably should be with EV adoption, but to say that we aren’t committed is an understatement.

ISA technology relies on a car’s GPS location and matches it to a database of posted speed limits and onboard cameras to come up with the legal speed limit. Passive ISA systems warn a driver when the vehicle exceeds the speed limit through sound, visuals or haptic alerts, leaving the driver responsible for slowing the car. Active systems might make it more difficult to increase the speed of a vehicle, or even fully limit it from going, above a posted speed limit.

Privacy nightmare. We still haven’t done anything about cars getting hacked and now you want a system that can override my inputs? HELL NAW.

Interior quality sells the car for most people. If they get inside and it’s got all the bells and whistles, it’ll feel like a nice car. Most people don’t care how the car drives because they’ll spend most of their time cruising or sitting in traffic on poor roads.