Hey everyone!
EV prices are taking a nosedive! It’s like a clearance sale on wheels. Maybe there’s an oversupply, or maybe brands just want to play “How low can you go?” Take Tesla, for example. Their super-efficient manufacturing means they can sell EVs cheaper than my grocery bill and still make bank.
So, how are the old-school car brands going to cope with this EV stampede? I mean, I was eyeing the Volvo XC60 Recharge, and it starts at $100,000! Even the regular XC60 is starts above $80k. Who’s shelling out that kind of cash when you can snag a BYD, Chinese brand, or Tesla for way less? It’s like choosing between a gourmet meal and an all-you-can-eat buffet.
What do you think? Can legacy brands keep up, or are they headed for the museum next to the horse-drawn carriage?
@Euphemistic: So what do people who live , work and travel in regional and remote areas do ?
Not every body in Australia lives and only travels in a metro area and should those people be penalised as the current generation of BEVs are unsuitable ?