hph6203 said:
nortex97 said:
Ice vehicles should also get cheaper, and oil and gas as well, in my lifetime anyway, I'd the government would get out of the way a bit. Everything else you posted is wishcasting.
The price of ICE vehicles has been rising, their volumes have been falling on average since 2017, they're now dealing with incremental loss of market to BEV, which means reduction in part volumes, which increases part prices, which drives up costs, which drives up price of the finished vehicle. There is margin compression coming to the market for ICE which will look like falling prices, but it's not falling costs.
The EV prices are falling due to the limited number of parts, the proportion of overlap in parts between different vehicles and vehicle types, and the capacity for those parts production to be further and further automated. That and the production efficiencies have not been fully realized in terms of each one of those individual parts, like, I dunno, the batteries.
When you talk about wishcasting, believing that ICE vehicles are meaningfully going to fall in price is just that.
Everything you just posted is wrong.
ICE vehicle prices have risen with inflation and silly added requirements thanks to government regulations in Europe and the US. The
Byzantine myriad of goals are not hard to see/look up, though difficult to summarize. It may start with something anodyne like 'CAFE standards' but it's a lot more, and the ramping up in truth goes from added costs like grill shutters to safety risks like low resistance tires. That needs to stop, as I am sure you agree since you and Kansaskid don't believe in global warming as a rationalization for why EV's should be subsidized. And American consumers are pushing back more and more, even with the subsidies, as the dealers' letter last month to the Biden administration about their CCP-car push shows.
EV prices are falling, yes, and that has hurt their adoption lately, as we've discussed/I have posted the past few days. Go back and look at it. Many EV fan boys have advocated for them but also conditioned their support for their capping out at around 25-30 percent market share. That's some recognition of the limited appeal/prospect.
We can get back to sub-$10K ICE vehicles and $1.50 gas whenever we have the political leadership to allow it to happen. It's amazing people think it is so impossible. Certainly,
Toyota and the big mfg's know this. Expensive, throw-away (disposable) BEV's with all of their trade offs are hardly some sort of new age tech that is going to replace the dinosaurs.
Next I expect you to tell me Ukraine is winning and will be retaking Crimea next week.