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Cars are like horses: people will soon realise EVs are just better, claims VW boss
(www.autoexpress.co.uk)
This is a most excellent place for technology news and articles.
You probably don't even know how much you've spent in gasoline and repairs for the ICE cars you've owned.
Is that some kind of gotcha or something?
The average car buyer does not want to buy an expensive EV just to have an EV and will buy a $40k Toyota Sienna before they buy a $60k VW ID.Buzz.
Pretty easy to grasp...It's not rocket surgery. Make affordable EVs and not upmarket EVs and people will buy them. China figured that out.
That extra $20k is for the EV's battery. If you don't spend it there, you'll spend it on gasoline and ICE maintenance. Look at life cycle cost. Total costs over 8-10 years of ownerership. The average buyer will have less noise, less emissions, instant torque control, home charging, and cost savings if they keep the EV long enough.
You have a rough point, but a $20k delta is too much. Thankfully, the comparison is between a "special" car and a boring workhorse, so the price delta isn't reflective of the practical choices. 7-passenger PV5 looks to be about $50k, so less than $10k delta between a Sienna and a comparable EV van. Still a pretty big gap, especially to take up front, but closer to reasonable given your reasons. We are seeing the gap close more aggressively in the 5-passenger segment, but 3-row still has been focused on EV only for 'premium' experience.
Lack of noise and emissions, instant torque control, and the possibility to charge at home are indeed premium experiences. A lot of ICE pushers are trying to get a free lunch here.
Sure, those are premium things, but don't actually drive the manufacturer's cost as those come mostly for free.
So it drives bigger margin for them instead, but at the expense of people perceiving EV as somehow fundamentally too expensive.
They're inherent in the battery system. The manufacturer's costs are in the battery. Propulsion, silence, no-emissions, instant torque, and home charging are the features we get with a battery whether we like it or not (no downside really). Price-wise, there is no point in talking about them separately. ICE pushers apparently forget the other features of the package. Manufactures must obviously charge a price for the package.