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Joined 5 months ago
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Cake day: February 21st, 2024

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  • The EV bubble is well behind us. People are looking for cheap reliable EVs that meet their daily needs. Very few can afford a new Rivian or Tesla, and even fewer now are willing to take out loans to finance one. More fancy EV companies will go bankrupt and dissolve unless they change their priorities.

    Companies like GM, Ford, and Stellantis are going to start producing more utilitarian EVs. Meanwhile BYD is doing well, why? Because they build utilitarian barebones cheap EVs that get the job done.