By Phil Royle — April 4, 2024
From fantastic EV lease deals to manufacturer profit (and loss), on this week’s podcast we look at the realities of the EV market and what it means for the makers and the buyers. The question is, what’s the financial sweet spot for car buyers, and can automakers hit those targets without going out of business. Furthermore, what does this mean for government regulation when it comes to electrification? We dive in.
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SHOW NOTES
Hot EV Lease Deals: https://www.carsdirect.com/deals-articles/best-green-car-deals
Automakers lose about $6,000 on every $50,000 sale: https://www.businessinsider.com/ev-shoppers-dont-want-detroits-pickup-trucks-they-want-this-2024-3
Fisker dramatically slashes prices on Ocean: https://www.caranddriver.com/news/a60320119/fisker-ocean-ev-suv-big-price-cuts-possible-bankruptcy/
Edmunds says it’s $70,000 Fisker is now worth $21,000: https://www.edmunds.com/car-news/fisker-ocean-appraisal-long-term-update.html
Fiskerati closing shop: https://fiskerati.com/electric-vehicles/charging-forward-our-ev-journey-takes-a-turn/
Tesla suspends Fisker trade ins: https://www.teslarati.com/tesla-suspends-fisker-ocean-trade-ins/
This week’s hosts: Phil Royle and Edward A. Sanchez
Episode cover courtesy Kia
Music courtesy Twisterium at Pixabay
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