Chancer

BYD's Electric Car Ready for U.S. Debut a Year Early

Agreed.

I really do like the electric or hybid idea.

But they are coming in too expensive for most people. Tesla and Fisker are even more expensive.

I am interested in how Aptera will price their 2 seater. They originally claimed under $30K. It has aerodynamic design and very high mileage on the hybrid.

Right now I would not pay $40K for a hybrid or electric.

When Obama and the Democrats sock us with a VAT and raise those rates to 50%, a $40K car will be a $60K car.


On Aug 23 09:01 AM jerrydd wrote:

>
> I've been saying BYD is a company to invest in but that was when
> they were going to price their cars much lower so the quality of
> their first cars wouldn't be such an issue.
>
> But selling at a premium price like $40k is another story as those
> who would pay that price expect quality. Several other companies
> like Tesla will get the market instead before Detroit, Japan does.
>
>
> We'll just have to see which one comes in with what at what price.
> The market is wide open with many not buying until real EV's are
> available.
>
> The strange thing is EV's or plug in hybrids with 40 mile range need
> not cost more than an ICE would except the battery which is covered
> by the $7500 tax credit. Things are going to be interesting as new
> and old car company compete.
>
> Interestingly the market where EV's excel is lightweight 2 seat commuters
> where a well designed one could easily sell for under $15k with a
> good profit. Yet none have went for this market.