The Market Voted to Stick With Fossil Fuels THANKS
Toyota has killed the electric car. They’ve cancelled plans for a big launch of The eQ, their second electric car, “citing a drastic misreading of the market and capabilities of electric vehicles.” Toyota expected to sell several thousand of the eQ—instead, they’ll produce just 100. Good thing the market is never wrong. We deserve what we get.
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Previously on The Billfold
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Not sure we should sass the market for not wanting cars with a top range of 62 miles that costs 46,000 dollars. I’m super stoked for electric cars, but they’re still REALLY EXPENSIVE and REALLY IMPRACTICAL.
@deepomega yeah the market is not so much rejecting electric cars so much as telling you to lower the fucking price *rolleyes
Plus, don’t you kind-of need a garage to charge the fuckers in? I can’t be the only street-parking apartment dweller who needs to drive.
@whizz_dumb Totally, the infrastructure doesn’t really exist for electric cars either, so why would most people buy them? It doesn’t really have anything to do with “the market”, and car companies don’t care about advancing technology if it doesn’t help their bottom line
@Megano! It does a little bit in LA – every parking garage here has a charging spot, for instance. We’re getting there! But, yeah, given the short distance and high cost, this is basically only usable by people in a big city with a lot of money, enough to have a garage they can reliably charge in. So, you know, producers in LA or whatever.
@whizz_dumb There was an interesting idea I read about that was basically battery stations for electric cars, where you could go and switch out your battery for a new one without waiting for charging, which would solve the street-parking problem (which is a problem I also have). Obviously, the infrastructure is still way off of that, though.
@SarcasticFringehead And Big Oil is gonna fight that one tool and nail