50k is not mass market.
this post was submitted on 24 Dec 2023
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Exactly.
We don't need 50K "challengers" to Tesla.
We need 20K challengers that real peoole might be able to afford.
Can you even buy a new ICE car for $20.000? Last time I was looking for a car a 5 year old Citroen berlingo cost around that. What can you get for 20.000? A basic Toyota yaris? Hybrid yaris costs <30k but I feel like when Americans say they want $20.000 electric car they mean electric SUV with 600km range. Yeah, that's not happening.
Mass market options exist, but everyone laughs at Leafs and Bolts.
20k and look like actual cars (sedans). The bubbly, hatchback-like design of most EVs are ugly AF.
Who cares?! Affordable, Safe, Enough range, Enough space, Comfy.
Hyundai is working on it
https://www.teslarati.com/hyundai-20000-minicar-electric-vehicle-europe/amp/
I am guessing it will be more of a i10 or i20 sized car
Cheapest tesla is 50k so target price is right
Mass market means mass production. Have they proven capable of that yet?
Didn't they go bankrupt?
Bankrupt doesn't always mean done. It sometimes means financial reorganization.
Fisker did, but they're back anyway.
No, it didn't go bankrupt. It's trading as LCID on Nasdaq.