News for hackers. Stuff that matters.

A comment on Why Are Electric Vehicle Companies Worth So Much Money?. Parent comment

Re:Why Are Electric Vehicle Companies Worth So Much Money? by bni on Monday November 22, 2021 @09:45AM (#29306774)
I think some established will do just fine. Volkswagen and their sub-brands seems to be doing fine here in Europe. They are quite competitive with Teslas more "affordable" options.

Super cheap EVs from Chinas companies will for sure disrupt in the lower end but not everyone will want something like that.

[ Parent | on HN ]
Re:Why Are Electric Vehicle Companies Worth So Much Money? by mullingitover on Monday November 22, 2021 @12:55PM (#29309467)
Disruption at the lower end doesn't stay there. Just ask the American auto industry about their experience ignoring the super cheap Japanese cars in the 70s.
[ Parent | on HN ]