Damning new report finds nearly all major car companies are actively sabotaging world’s efforts to avoid catastrophic global warming, and Japan companies are the worst.
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.
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.
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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.
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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.
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I know someone with a decade old Leaf and that thing is still going strong with more than 300k on it.
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What about the batteries, though? How would Japan source those? All-in into aluminium-air?
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