There is a fundamental truth you have to understand about car companies:They do not exist to make cars. They exist to make money. That distinction, analyst Kevin Tynan tells me, is why they’re not really interested in making affordable electric vehicles.

Perhaps that’s an oversimplification. Tynan is the director of research at an auto-dealer-focused investment bank, the Presidio Group, with decades of experience as an analyst at firms like Bloomberg Intelligence. What he means isn’t that automakers have no interest in affordable products. It’s that their interest begins and ends with winning customers who will eventually buy more expensive, higher-margin products.

One of the auto industry’s dirtiest secrets is that at scale, it doesn’t cost that much more to make a bigger, more expensive than a smaller and cheaper one. But they can charge you a lot more for the former, which makes this a game of profit margins and not just profits. In recent years especially, that’s a big part of why your new car choices have skewed so heavily toward bigger crossovers, SUVs and trucks.

    • @[email protected]
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      27 days ago

      400 miles of range is 5 hours of driving (plus enough reserve to comfortably skip a busy, broken, blocked, or skeevy recharging point), recharge over lunch, and another 5 hours of driving. 400 mile range is where road trips become feasible.

      400 miles of range, in the mountains, is 150 miles of range.

      • zeekaran
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        127 days ago

        My ice has less range than 400 so this is a bit of an exaggeration.

        • @[email protected]
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          127 days ago

          ICEs can refuel during a bathroom break. EVs need a long lunch. Turning every bathroom break into a long lunch makes a 3-day trip into a 5-day trip.

        • @[email protected]
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          117 days ago

          I mean it’s not, we have two ICE vehicles with 400 miles of range, and one EV with 265 miles of range.

      • @[email protected]
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        -227 days ago

        Weird, because I just did a several thousand mile road trip through the mountains last month with half that range.

        • @[email protected]
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          27 days ago

          And I can put in a leather gimp suit and have my partner spank me with a ping pong paddle. You don’t shame me for my masochistic kinks, and I won’t shame you for yours. Deal?

          The overwhelming majority of us don’t have a fetish for recharging stations, and don’t want to spend 2 hours a day on our vacations to make short-range EVs seem feasible.

    • @[email protected]
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      017 days ago

      It’s not. I own a very nice EV. I can make arguments for and against both EVs and ICE vehicles. If you are comparing battery size (which you did) then you are talking about range. If you are talking about range then you are comparing against ICE vehicles which have ranges from 350 miles to over 600. I used 400 because I own two ICE vehicles with that amount of range and one EV with 265 miles of range. The 265 miles is plenty for everyday stuff, it’s even good for road trips! But you made a comparison of weight. EVs are much heavier if they have equivalent range.

      • @[email protected]
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        117 days ago

        If you are talking about range then you are comparing against ICE vehicles

        I wasn’t talking about range, I was talking about weight.