It likely predated Friedman, but he published “The Social Responsibility of Business Is To Increase Its Profits” in 1970. It’s been a downward spiral since.
It likely predated Friedman, but he published “The Social Responsibility of Business Is To Increase Its Profits” in 1970. It’s been a downward spiral since.
What the legacy manufacturers are realizing is that building an EV isn’t easy and it takes time. Early on, the Chevy Bolt was randomly catching fire in peoples garages. VW had (has?) glitchy software in the ID4. Toyota, the company known for build quality and reliability - had issues with the wheels literally falling…
It’s destructive for the companies but also for the cities and states that they operate in.
I think it was the fundamental shift that happened in the U.S. 55 years ago with the belief that a company’s only responsibility is to increase profits (thank you Milton Friedman). Most people still believe this, yet act surprised when cost cutting measures have negative consequences for the general public. It’s the…
Is EV demand really soft, or is demand for their EVs soft? Let’s look at what they have for sale:
Generally speaking I think the only solution to having affordable cars is to allow the Chinese automakers to compete in the U.S. market. It’s unfortunate because it will result in fewer jobs in the U.S.
Suburban culture is going to turn out to be kind of miserable for us, in my humble opinion, especially elders.
His statement can be translated to, “we have discovered that we can charge more for cars because you have no other option than driving.”
A long range model Y costs considerably nearly $10k less (with tax credits) and has more power and range, so unless someone loves Honda, I’m not sure how competitive this model will be.
I recently sold my 11 year old model s. It had the original brake pads with about 3/4 of their life left. If I kept the car longer I’d probably replace them just because they were getting a bit crusty.
“If us automakers can’t compete without protectionism then maybe their business should just fail.”
It is likely because the news you follow is U.S. centric, which caters to U.S. readers and consumers. If you are looking to branch out, UK and Australian media outlets are a good start since they are native English speaking.
Are they? Is data available? Who took said data?
It’s both. People think Chinese cars are like early Korean cars or very early Japanese cars. The reality is Chinese cars are high quality and cheap. Thats why they are the leading car manufacturing country in the world.
The thing is they are reliable, and likely better than any EV currently produced in the U.S. This is why the U.S. is using protectionist measures, because they know they cannot compete.
If your car can do 0-60mph in 3 seconds, and you drive it like it can do 0-60mph in 3 seconds, expect to replace tires very frequently.
Ugh… that’s tough. Best of luck with it and hope the situation improves!
I’d argue the similarities between EV adoption and phasing out of leaded gas are quite comparable. Early unleaded gas was of lower quality and cost more. I believe the quality was lower because they hadn’t quite figured out the additives and it was more expensive because fewer refineries made it. What I do remember…
Preferences are important but they are far from the only that matters.
Amazing the amount of anti-Tesla/EV stans that come out over some simple data points.