EV parts count is an order of magnitude less than combustion and a much smaller industrial scale production and labor. Foundry casting is a massive operation and the precision of the machining operations is critical with complex setup and alignment. There is absolutely no reason for EV’s to cost so much. China is just making them and pricing them appropriately. Scrap the entire outdated and useless patent system and subsidize domestic transportation logistics. Start up some real open market capitalism, screw the oligarchy, and the problems will get solved fast. Every supply chain is corrupt, it’s monopolies from top to bottom, and they are all unmotivated and terrible at markets with no competition.
There is absolutely no reason for EV’s to cost so much. China is just making them and pricing them appropriately.
“Chinese state subsidies for electric and hybrid vehicles were $57 billion from 2016-2022, according to consulting firm AlixPartners, helping China become the world’s biggest EV producer and to pass Japan as the largest auto exporter in the first quarter of this year.” source
Scrap the entire outdated and useless patent system
I don’t think that would have the positive effect you think it would.
EV parts count is an order of magnitude less than combustion and a much smaller industrial scale production and labor. Foundry casting is a massive operation and the precision of the machining operations is critical with complex setup and alignment. There is absolutely no reason for EV’s to cost so much. China is just making them and pricing them appropriately. Scrap the entire outdated and useless patent system and subsidize domestic transportation logistics. Start up some real open market capitalism, screw the oligarchy, and the problems will get solved fast. Every supply chain is corrupt, it’s monopolies from top to bottom, and they are all unmotivated and terrible at markets with no competition.
“Chinese state subsidies for electric and hybrid vehicles were $57 billion from 2016-2022, according to consulting firm AlixPartners, helping China become the world’s biggest EV producer and to pass Japan as the largest auto exporter in the first quarter of this year.” source
I don’t think that would have the positive effect you think it would.
Doesn’t the USA subsidize electric vehicles a ton too with tax credits and other subsidies at both the consumer and producer levels?