this post was submitted on 01 Dec 2023
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Automakers must build cheaper, smaller EVs to spur adoption, report says (arstechnica.com)
submitted 1 year ago by boem@lemmy.world to c/technology@lemmy.world
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[–] helenslunch@feddit.nl 0 points 1 year ago* (last edited 1 year ago)

Well perhaps UNICEF will one day get into the EV production business but for now they're not profitable.

Most of the ~$30k cars on sale today are being sold at a loss. Tesla is your best bet as they still have considerable profit margins but given the speed of their progress and their current demand it likely won't be for a couple more decades.