Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Electric vehicle war, is gas soon to be toast?

Fuzz · 10-26-2020, 06:22 PM

I don' t think other manufacturers need to spend as much as Tesla, particularly regarding hybrids, as they already have factories. Tesla needs to build those. Yes, there are retooling costs, but that's the same every time a new vehicle comes out. With all the big automakers moving heavily into the space, I don't see it as a stretch in 2030.

The investments will also be spread across a lot larger group of companies, as the other automakers will be buying components from them. And it will be more of a transfer of expenditures, rather than new ones. Basically I think the 600 billion number is flawed the way you have calculated it.

10-26-2020, 06:22 PM	#391
Fuzz Franchise Player Join Date: Mar 2015 Exp:	I don' t think other manufacturers need to spend as much as Tesla, particularly regarding hybrids, as they already have factories. Tesla needs to build those. Yes, there are retooling costs, but that's the same every time a new vehicle comes out. With all the big automakers moving heavily into the space, I don't see it as a stretch in 2030. The investments will also be spread across a lot larger group of companies, as the other automakers will be buying components from them. And it will be more of a transfer of expenditures, rather than new ones. Basically I think the 600 billion number is flawed the way you have calculated it. Last edited by Fuzz; 10-26-2020 at 06:27 PM.