Hypx,
@Hypx@mastodon.social avatar

Here's a secret: Their cheaper BEVs won't save them. In fact, it will likely be the last thing they make before going under, assuming they even get that far.

BEVs are not the future. They are a fad. Especially hugely expensive BEVs, but even "low-cost" BEVs are very expensive.

As a result, we will see the industry move away from them. PHEVs and hybrids for now, but eventually ideas like FCEVs and hydrogen cars will take root.

https://www.autoblog.com/2024/02/22/rivian-lucid-stocks-tumble-as-slowing-ev-demand-upsets-ramp-up-plans/

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