Beyond the “unofficial, unconfirmed” cars, which will not be released in 25-26, none of these options above will be affordable here in Canada. Ex30 msrping at 53700+13% tax here in Ontario. The 5k federal incentive doesn’t go anywhere on that, it just takes about 9% off tax. Comparable ICE car is in low 30s tax included at most. EV3 is rumored at 48k, but I doubt it, and even then, it’s really not comparable to ICE pricing. And good luck getting any of them at MSRP with stealerships anyways.
LastEntertainment684
It’s kind of crazy that the average transaction price of a new car is $48,000 which puts new cars in the $35,000 range as “affordable.”
I know I’m old, but those numbers just feel wrong.
skellener
I sure hope so.
Berova
The issue isn’t simply an “affordable” EV or even multiple EV models in tiny volumes. The issue is they won’t be affordable if they have limited volume and dealerships take advantage of high demand/low supply to automatically pad MSRP prices. Also, some of these so-called more affordable EV’s cut corners that compromise their functionality (like charging architecture that limit charging speed for instance that put those models in a similar situation the old Bolt was in with respect to charging speeds which limit their utility/use case).
Bean_Tiger
Which will come first, usable widescale Cold Fusion or the affordable EV ?
gamerx11
They need more cars and subcompacts to sell affordable EVs. Main sellers in the US are trucks and suvs. Car companies just aren’t going to make them because they don’t see the profit. I doubt the Tesla model 2 will ever come out.
nesa_manijak
Price of LFP batteries fell to around $50/kWh, 50% less the they were previous year. It isn’t a surprise
I expect EVs will achieve cost parity with ICE in the next two years
7 Comments
Beyond the “unofficial, unconfirmed” cars, which will not be released in 25-26, none of these options above will be affordable here in Canada. Ex30 msrping at 53700+13% tax here in Ontario. The 5k federal incentive doesn’t go anywhere on that, it just takes about 9% off tax. Comparable ICE car is in low 30s tax included at most. EV3 is rumored at 48k, but I doubt it, and even then, it’s really not comparable to ICE pricing. And good luck getting any of them at MSRP with stealerships anyways.
It’s kind of crazy that the average transaction price of a new car is $48,000 which puts new cars in the $35,000 range as “affordable.”
I know I’m old, but those numbers just feel wrong.
I sure hope so.
The issue isn’t simply an “affordable” EV or even multiple EV models in tiny volumes. The issue is they won’t be affordable if they have limited volume and dealerships take advantage of high demand/low supply to automatically pad MSRP prices. Also, some of these so-called more affordable EV’s cut corners that compromise their functionality (like charging architecture that limit charging speed for instance that put those models in a similar situation the old Bolt was in with respect to charging speeds which limit their utility/use case).
Which will come first, usable widescale Cold Fusion or the affordable EV ?
They need more cars and subcompacts to sell affordable EVs. Main sellers in the US are trucks and suvs. Car companies just aren’t going to make them because they don’t see the profit. I doubt the Tesla model 2 will ever come out.
Price of LFP batteries fell to around $50/kWh, 50% less the they were previous year. It isn’t a surprise
I expect EVs will achieve cost parity with ICE in the next two years