Hacker News Reader

> There's a reason why nobody is offering a cheap, $10,000 dollar, battery-swappable, raw and simple, half-a-ton-light electric car.

What is the reason? Don't automotive manufacturers offer cheap ICE cars? Why would a cheap EV bankrupt them but not cheap ICE cars?

View on HN

Battery supply is the bottleneck currently. Even if they wanted to, the automakers cannot switch to even 20% production being electric. If they offer an attractive, affordable EV, they immediately render the rest of their fleet obsolete and 90% of their factories go idle. Price is used to modulate the demand.

Reply on news.ycombinator.com