this post was submitted on 18 Aug 2023
7 points (88.9% liked)
TechNews
4143 readers
1 users here now
Aggregated tech news.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Heavier vehicles also wear out roads faster, though the difference between a small sedan and a large electric SUV amounts to very little when compared to the effect of a garbage truck rolling by each morning.
Just this week, Automotive News reported that the Mitsubishi Mirage is on the way out, joining the choir invisible alongside cars like the Chevrolet Sonic, Honda Fit, and Toyota Yaris, all of which were once sold in the US.
The Bolt's biggest problem, from a bean counter's point of view at least, was a battery that cost a lot more per kWh than one made with General Motors' new Ultium cells.
News of the Bolt's cancellation was met with much dismay, and GM recently decided to bring the nameplate back at some unspecified time on a new Ultium-based platform.
But GM CEO Mary Barra has also warned that even with the lower cost of Ultium cells, the company won't make any profit on sub-$40,000 EVs until late in the decade.
In addition to the ever-escalating safety arms race that entices American car buyers, a misplaced obsession with having as much range as possible also factors in here.
The original article contains 493 words, the summary contains 193 words. Saved 61%. I'm a bot and I'm open source!