how much longer for the ICE now Americia's best selling Vehicle has gone electric?

[ME_Andy]

Yep, I get it. The average American is spending $35k on a new car right now, though. Not me...

[freebeard]

Originally Posted by redpoint5

I'd steer clear of the Roadster

Based on the Gruber Motors video, someone with deep pockets and storage space should be hoarding Roadsters against the 3.0 battery pack.

[cRiPpLe_rOoStEr]

Originally Posted by Piotrsko

We have all the raw materials required for expanded battery production here. We just outsourced all the processing to another country and it will take years to rebuild that capability at a higher cost.

That's another good point. Relying on a foreign source for critical components is troublesome, and even more pointless when the raw materials are available locally then shipped elsewhere instead of adding value to them locally.

[oil pan 4]

My leaf cost $7k, that's the most I have ever spent on a car by a lot.

[redpoint5]

Originally Posted by freebeard

Based on the Gruber Motors video, someone with deep pockets and storage space should be hoarding Roadsters against the 3.0 battery pack.

If they will be collectors items, I wouldn't mind grabbing a couple. You think they are getting close to minimum value now?

I contemplated a Delorean in 2009 figuring they were right at that age where they are viewed as crappy old cars, just before people started valuing them again. I think I could get a pretty clean example for around $15k at the time. Looking now it seems they are going for $40k.

They didn't make many, and there aren't new stainless steel bodies being manufactured, so they are just going to become more rare, especially the pristine ones.

[Isaac Zachary]

Originally Posted by ME_Andy

Yep, I get it. The average American is spending $35k on a new car right now, though. Not me...

That price would triple my monthly payments and who knows what it would do with insurance costs.

Originally Posted by oil pan 4

My leaf cost $7k, that's the most I have ever spent on a car by a lot.

We were sad to have to sell ours. Once I get the Avalon paid off I might look into replacing the Prius with a used Leaf. Who knows what the cost of vehicles will be in a couple years of this chip shortage keeps prices high that long or not.

[Piotrsko]

Originally Posted by redpoint5

If they will be collectors items, I wouldn't mind grabbing a couple. You think they are getting close to minimum value now?

I contemplated a Delorean in 2009 figuring they were right at that age where they are viewed as crappy old cars, just before people started valuing them again. I think I could get a pretty clean example for around $15k at the time. Looking now it seems they are going for $40k.

They didn't make many, and there aren't new stainless steel bodies being manufactured, so they are just going to become more rare, especially the pristine ones.

That's what I thought but back in 1987(?) When he first went bankrupt and they were going for 15k. Didn't pan out because demand never increased and supply was larger than demand. Still is, you can theoretically buy a Zero time assembly from the parts guy that has a warehouse full.

[cRiPpLe_rOoStEr]

Originally Posted by Isaac Zachary

Who knows what the cost of vehicles will be in a couple years of this chip shortage keeps prices high that long or not.

Transferring much of the chip manufacturing output away from China is the key to overcome such shortage. With so many other Asian countries with a higher degree of freedom, and not so far from consolidated shipping routes, it doesn't seem so hard to diversify suppliers instead of keeping reliant on China. Plus the added value of electronic components may also justify bringing manufacture back to Western countries.

[JSH]

Originally Posted by redpoint5

Finally, those for whom EVs are a great fit likely already have an EV. Those wealthy enough to have multiple cars and a garage they can charge in. Getting each additional sale will become difficult as those whom an EV is not a good fit must have their obstacles removed (price, lack of charging infrastructure, limited range, slow charging).

We aren't even close to tapping out the prime EV demographic:

Middle to upper income
Married or cohabitating
Lives in a single family home
In the suburbs
Owns 2 or more cars

We could get to 25% EV sales with just that demographic.

[ME_Andy]

Data point: Ford expects 40% EV sales by 2030.