• The margins are thinner. There’s almost no resale value. Someone might buy a 60k car and eat the payments for a few years, knowing that they can sell it any time for a decent price.

      Buying a 60k EV is more like setting your money on fire. The car might be fine, great even, but it just won’t hold it’s value.

      • Those are reasons people don’t want to buy EVs, not reasons for companies to sabotage the change over.

    • I know Toyota is still ragging on EVs because they invested a lot into hydrogen tech and want that to be the next big thing instead. But I didn’t know Honda, Mazda and Suzuki also under-invested.