The technology Hyundai will use to make the NEW Ioniq 2 EV for $22,000

[@monkeysezbegood]

Love that Ioniq 6. That's a hell of a good looking car.

[@steven4315]

I like my Bolt. I like the way it drives and I like buttons and knobs. I hope GM follows thru on their promise of an LFP Bolt.

[@cravarc]

Love your content. Best wishes for your beautiful family this holiday season. May 2024 be full of well-deserved wins for you.

[@olivur_1459]

I'd get one in a heartbeat at USD 22,000 if the range is at least around 200Mi and it has a good battery-cooling implementation.

[@igotanimac1]

Not gonna happen. 200 miles for $22,000 is impossible. More like $30K for 150 miles and $35K for 200 miles.

[@mrsrhardy]

@@igotanimac1 new batts comming to market 2024 & USA company has got 90% LiIon chemical extraction in a factory now, so 25/26 we will have much of the price reduction passing through the supply chain. AUD$30k >500km 45-60$ >1000KM on a single charge, 15min fast charge @80% but what we need here is some good laws that force open repairs/software and lifecycle recycling but alas... It was AU laws that standardised a lot of things that become the automotive car industry!

[@williammeek4078]

@@igotanimac1based on what? A small car can get 4 miles per kWh. That means a 50 kWh battery for 200 miles. At $100/kWh, that is a $5000 battery.

[@jb5music]

...based on corporate propagandists not even wanting you to conceive of 208 mi range for $12,000 but that is actually in production and for sale on other parts of the planet.

[@teslabulls1238]

@@igotanimac1 If Tesla has one at 25k I would buy that over the Hyundai at 22k.

[@hishamg]

This is good news and I hope it will come true. I suspect the Ioniq 2 will look more like the Hyundai I20, but as far as I am concerned, that’s not a bad thing. Edit: Hyundai seem to have skipped the Ioniq 3 and Ioniq 4. I was kind of hoping that the Ioniq 4 would be a C-segment (compact) Hatchback, i.e. an updated and improved version of the original Ioniq EV.

[@bentaxelrod]

Hyundai haven’t used LG Chem batteries since the first Kona. They use their own SK Inovations batteries which are probably the most advanced NMC batteries.

[@mrsrhardy]

might be good enough but with new processes and chemsitry from solidstate to geelys anouncments, I dunno

[@bentaxelrod]

@@mrsrhardy Yes, they are excellent now and everything I need, however technology is moving on quickly.

[@paulogden7417]

The haters and deniers are shrieking here. I guess you struck a nerve, Sam. Keep rolling.

[@BioniqBob]

Negative Nancys

[@waynefergusson9987]

I've been waiting 40 years for the automotive industry to innovate

[@jeff230394]

Grandpa

[@alexedens1]

I remember buying my first DVD player at Costco for $350. There was a little sticker advertisement on it for a company called Netflix. They’d mail you movies and had a whopping 3,000 titles. Of course, now you can buy a DVD player for $20 if you can find one. EVS will go the same way. 10 years from now they’ll be absolutely dirt cheap. My bet is they’ll settle at less than half of the cost of the cheapest ICE vehicle today, and be better cars. With the exception of the very high end, cars will be a commodity with extraordinarily low margins. All the money will be in autonomy and SAS.

[@glennturner1057]

My first VHS player back in 1981 cost me $600. Now you can’t give them away.

[@frankcoffey]

2024 could be the year of non luxury EVs. We saw the peak for both cost to make and price in 2022 and there is still a lot of cost takeout to happen as car makers optimize their supply chain and get better and making EVs.

[@st4849]

That'd be great. When I got into EVs in 2020 with the e-Niro, I thought of it like an old Nokia phone. Said to myself, wow.. If this early model/tech is so impressive already, I can't wait to see the one I upgrade to in 3 years time. Yet, the e-Niro is still one of the best EVs in 2024... We ended up upgrading to an Ioniq 5 which is more beautiful and a lot better equipped, but as an EV, it's still the same efficiency. It's bigger, consumes more, same 500km-is city / 250km-ish motorway range therefore. Could have been built in 2018 with the e-Niro/Kona tech. So I hope the next upgrade will finally make the e-Niro look like a joke.

[@dannymiller7266]

Absolutely true. Right on target

[@opinionmatters7119]

Love that Hyundai is wanting to play with the leaders. I drive a 2021 Tucson and I can tell you, the quality is there. Love to have a Tesla one day but if a $25k Hyundai electric comes, it will be a toss up. Range will matter

[@ingmarlangerak8973]

I have a small petrol car wit 32000miles or 51000kms. He is from 2007 and it looks and drives perfekt. Every year i took it to the dealer for service so thanks for this infomative video so i know what to do. Drive my car until 2030 and look for a new EV for around 25/28k. My petrole car is 23 years of age then and stil some value to people who want a small reliable and using very little fuel. 😊

[@HTx78]

once again - thank u TSLA for pushing “the competition” to do better….. or try without TSLA - ICE would take their sweet time to reach affordability - or push innovation

[@OComunaMaisFraco]

Obrigado por se estabelecer na China e compartilhar a tecnologia. Melhor caminho pra maximizar eficiência é dar na mão dos chineses

[@GoodBoyGoneDad]

A Tesla in my neighborhood was being charged in a Townhome garage. It started a fire which burned down the garage and damaged the garages next to it. The HOA sent out notices saying people aren't allowed to charge their cars in their garage.

[@devonbikefilms]

@@GoodBoyGoneDad really? Thanks for your valuable research…..

[@lordinquis8r679]

Thanks, Sam!

[@RodMitchell-x5v]

Thanks so much for all your hard work Sam

[@electricviking]

My pleasure!

[@PapaPiggie]

Kia keeps looking better and better.

[@belowme4927]

AND THE REPLACEMNET BATTERY WILL COST $61,000 BECASUE THEY DON'T STOCK THEM OUTSIDE OF SOUTH KOREA. IT WAS ALREADY QUOTED TO 2 OWNERS OF IONIQ 5 IN THE U.S. GO SEARCH

[@willm5814]

If Tesla does produce a car for $25000 USD at volume within the next two years, sales will be astronomical

[@MrGMawson2438]

I agree

[@stefanpredl6849]

pretty shure they could have done it yeahrs ago but didnt becouse it would hurt their M³ margins

[@willm5814]

@@stefanpredl6849 yea they likely wouldn’t have stayed in business if they started with their low margin product when they scaled up with the model 3

[@peteinwisconsin2496]

Sales of $25,000 cars reaching astronomical levels is of no interest to Tesla as long as their more profitable models are still selling. Design a Model 2 that is more profitable (Dollars per vehicle) than today's offerings and only then will you see the Model 2 become a reality.

[@Ryan-ff2db]

@@phillipbanes5484 While I agree with you, I wouldn't classify Apple products as cheap as they are almost always more expensive than the competition, especially in the desktop or laptop market where they are often 2 to 3 times higher cost than a similar hardware in the PC world. They market themselves as a premium brand.

[@milohobo9186]

Something about the number 2 is affordable. Tesla model 2, Lightyear 2, these that you mention. Is there a marketing quirk or something else that I'm missing?

[@jamesvandamme7786]

It's for cross-shoppers.

[@brendandennis5868]

The marketing quirk is Tesla's '2S3XY' range. What could be next? 4 ...

[@vincentsmith9562]

Sam what are the chances of the BYD seagull coming to Australia. I’ll snap the first one that comes off the ship Never ever do more that 100 klm a day. Have excess solar produced by my solar panels. Will never have to use an outside charger because of the small battery it will change quicker. Need one now

[@stvybaby]

Battery technology is improving by leaps and bounds. LiFePo batteries dropping almost 50% in cost this year.

[@EdwardGarrenMFT]

In the U.S. LG and GM formed a battery company "Ultium" to build what looks like the same battery architecture, modular, flexible using the same basic nodule for all battery packs. So this looks similar with similar benefits. GM was VERY smart to partner with LG, one of the best electronics companies in the world, all the way back to the first Chevy VOLT hybrid.

[@Sacto1654]

You wonder will the Integrated Modular Architecture (IMA) platform will allow Hyundai to build EV's with essentially no hoods normally needed to accommodate an internal combustions engine. It could result in very small, but very roomy, multipurpose vehicles (MPV's) like the Canoo LV but even smaller!

[@danielmadar9938]

Thanks

[@eddiereed5025]

Where are the 22000 dollar cars in europe bearing in mind that is just over 18000 euro just under 16000 uk pounds when you refer to prices around the world more clarity needs to be given .

[@ab3000x]

One reason fossil fuel burners got more expensive is because EVs are more expensive. Manufacturers saw a gap to fill - not that they made any improvements. When EV prices drop will ICE prices drop?

[@jamesvandamme7786]

ICE technology gets more complicated so build prices will climb. plus inflation. EV build prices are coming down as more are built.

[@fleachamberlain1905]

That's $32,000 Aus for anyone wondering.

[@claudiopiccoliromera2646]

At that price point, I'd expect something like their current i20. Which is way smaller than those concept art shots portray.

[@GoodBoyGoneDad]

​@phillipbanes5484 Hyundai isn't the only company who recently discontinued their subcompact vehicle. Honda discontinued the Fit, at least in North America. It's really annoying how ice vehicles have continued to increase in size over the years. Especially trucks and suvs.

[@theairstig9164]

Have you ever thought about the packaging issues associated with putting 400kg of batteries in a 900kg car? There is a reason the first Tesla roadster didn’t sell in high volumes and it wasn’t the price. It was a heavy girl trying to audition for ballet. In a string bikini. Having an electric car the size of an I20 will result in yet another BYD seagull. Heavy slow and short range in a price sensitive segment. You can get away with an 85kwH battery in a $100K saloon car. You absolutely can not do this in something meant to be a direct and better replacement for an urban hatch. What should have happened is Nissan delivering the Leaf AZE1 with 40KwH of sodium ion batteries for $28K drive away. But Nissan didn’t sign the contracts while others did. I’d suggest a minimum of 100Kw per tonne for a maximum of 30 seconds in Australia. As a minimum. Anything else is solving a problem we don’t have

[@drewyknot]

Will this be sold in the US?

[@kona_moon6055]

Based on Cybertruck's estimation algorithm, $22k means $33k.

[@AndrewTSq]

they could do like computer manufactors "well, MSRP is $299, not our problem if dearlships charge $999"

[@MrGMawson2438]

It looks funking great

[@ericgregori]

Legacy auto promotes the inexpensive trim while only making them in extremely limited quantities. Just a few months ago, Hyundai claimed the Ioniq 6 started at $38K. "The 2024 Hyundai Ioniq 6 costs up to $4100 less than last year, with a new starting price of $38,615" That price existed just long enough to get some press than disappeared. The EX30 is also being promoted as a $35K EV (heavily promoted). In reality, it is closer to $45K. If a 35K example is ever sold, it will be in very limited quantities.

[@alastairkeith8553]

No they won’t sell millions as it won’t be $22k and it won’t look like that. A classic case of another sexy looking prototype followed by a mundane product at a higher price. Hyundai can’t make an EV’s this cheap as they haven’t managed to control their costs to date - that is why they limit EV sales to avoid excessive losses.

[@seniorcousin]

And if you damage the protective battery cover it voids the warranty and can cost $45k usd to replace the battery. kzbin.info/www/bejne/e3a7mpilZZunl5o

[@kabysummit5801]

Ok not 22k. But 25k will do 😂

[@connclissmann6514]

​@@seniorcousinWhat idiot would pay $45,000 for a replacement battery for a $22,000 car? Is that you, Homer Simpson? 😊

[@Cre8Lounge]

​@@seniorcousin60k

[@alexishart1989]

What I was gonna say, more or less. So sick of carmakers promising great EVs at great prices, only to find that I'll be stuck in my old banged up ICE junker for yet another few more years.

[@RawandCookedVegan]

Great stuff EV. Thank You.

[@electricviking]

Glad you enjoyed it

[@ferrynpalmer3875]

As a Tesla owner I'd love to see this come to fruition!!! Even if it's $30k it's gonna sell like non-other. Tesla's biggest issue right now is complacency. Ask any owner who's had to visit a service center. The way they treat owners is absurd. Tesla does ZERO marketing, we owners ARE their marketing and as such I feel as though we should be treated MUCH better then we are. If your into EV's Tesla currently has you bent over a barrel as there aren't really any appealing options that can compete on price. Everything other then Tesla I find to be esthetically unappealing, far less efficient and more expensive to boot. This is a U.S. based comment. We have no Nio or BYD options.

[@AndrewTSq]

isnt it good that a company spends no money on ads? that means cheaper cars, since no one needs to pay for those multimillion ads.

[@ferrynpalmer3875]

@@AndrewTSq ....sure it is. I find the reply a little odd to be honest with you. There's a pretty long and well documented history of service center fiasco's, which entails owners throwing thousands of dollars down the drain, replacing parts that didn't fix whatever issue. When it's brought up, the service center reply is typically a shoulder shrug accompanied with another multi-thousand dollar bill. The "throwing of parts" happens with other manufacturers too....but the reply is typically NOT a shoulder shrug. Other manufacturers usually cut the labor, reduce the cost of the unnecessarily replaced parts to cost, etc. Theres also the recent revelation that service centers have been instructed to NOT cover warrantied repairs whenever possible and attempt to push them back on the customer. Tesla is relatively young as a car company and they should do better when it comes to these things. Not spending on advertising is brilliant....bending your customers over the hoods of their 6 figure cars and shrugging their shoulders when they ask for some lube first, not so much!

[@AndrewTSq]

@@ferrynpalmer3875 I agree with you about the service. Ive had the same experience with Audi, like rust on my chassi was not covered by their rust warranty for example. Im not sure, but the Audi repairshop is not Audi company, its a authorized retailer, im not sure if Tesla is the same? Its really bad anyway. Same with my VW that had a wierd sound when you steered it, they said they cant just change parts to see if it fixes it.. (probably cause the car was 1 week old, and they dont want to pay for warranty) cardealers are not honest people.

[@roborobo02]

So I looked it up. A small Hyundi Car here in Austraila. A hyundi i30 $26290AUD the site says. This car Sam talks about will be or maybe 20-20KUSD. This means as we all know here that it is nearly $40AUD in the market place in real live and not exchange rate convertion talk. There is a MG4 I think that is $38K AUD in the market. My question is . What is news and what is new about this ????.

[@johnnybeaujean]

always both enjoy and follow you thru out the day

[@erichottens3645]

I own the Ioniq 6. It has a Design flaw with the back up camera at night. (In reverse only at night in the dark) The camera optics turn brown because of the placement of the 3rd brake light. The camera was placed right above the brake light so when you back up in a dark location it washes out the optics. You can’t make this up. It’s every one of the 2023 Ioniq 6’s.

[@BritishBeachcomber]

I've got serious doubts about Giga Casting. Cheaper manufacturing, yes. But if it suffers serious damage, would it even be repairable?

[@jackbn9353]

When your $22,000 Huyandi battery pack gets a tiny scratch on the bottom cover, your friendly Huyandai dealer will inform you that you need a new $25,000 battery. The equivalent story has already occurred repeatedly with the Huyndai Ionic 6.

[@jamesvandamme7786]

"It's only a flesh wound!"

[@NotThatKraken]

The Hyundai battery pack is $60k, significantly more than the entire car. If you scratch the battery, it’s a total loss. I imagine insurance for Hyundai EVs will soon be prohibitively expensive.

[@Wasaga1951]

Covered under warranty obviously!!!

[@miked8121]

It's fantastic that the cost of EVs is coming down, but the cost of electricity in California is going up 14% per year and is currently $0.41/kwh which is the most expensive in the U.S. Gov. Newsom just passed legislation, that within several years, a surcharge will be added to user's bills based on their income.

[@gregp.7148]

Ioniq 2 rendering looks amazing.

[@GamerplayerWT]

I love the idea of EVs but there are several hurdles that need overcoming before i commit to purchasing one: #1. Charging station infrastructure - this needs to be expanded drastically. If I’m on vacation (and i take long driving vacations) I don’t want to worry if I’m in the outback somewhere about finding a station. #2. Charging times - most rapid chargers take an average of 15-20 minutes. If I’m recharging several times per day on my vacation trips, that’s a time and, therefore, a distance killer. #3. Distance between charges - EVs simply need to improve their technology so that i can go 450-500 miles (and that’s highway miles) on a charge. #4. Charging to 100% - the distance you can drive isn’t really dependent on a 100% charge because it takes MUCH longer to charge the last 20% (from 80-100%). What most people don’t know is that you most often only use 70% of your battery’s capacity while traveling any distances. The reason for this is that you never let it get to 0% and never charge to 100% (because of the aforementioned time delays charging between 80-100%). Most of us would let the battery get down to around 10% before looking for a charging station and then could only charge it to 80% (thus using only 70% of the battery’s capacity). Once these items are taken care of, I’m all-in for the EV revolution!

[@markmiller8903]

Hold your breath waiting.

[@mnhsty]

You’re looking for something that exceeds the needs of 99% of the population. Me, I’m not.

[@GamerplayerWT]

@@mnhsty Maybe. But the charging infrastructure really needs to be ramped up.

[@Dominick13777]

I totally agree that electric cars will be very affordable. Not only that, ev cars will also be modular. You will be able to build your own kind of ev, purchasing different parts.

[@markmiller8903]

No way. EVS are a dead end failure.

[@Dominick13777]

Someone said Tesla would never succeed after I said it would would. Ev cars are here to stay

[@johndb1224]

$20,000-$25,000 - who's dollars?, Australian, Singaporean, US, Hong Kong ?

[@greg7743]

And those wings where the side mirrors used to be located allow the vehicle to fly for short distances - why drive around slow pokes when you can leap frog over them?

[@SuperSofiane76]

Ill believe it when I see it

[@deanothedinosaur9069]

How much is the battery?

[@cksink6965]

It will cost 40k and the battery will cost 60,000 to change because it is prone to damage from the road and it will not be covered under warranty

[@partsandlaborgroup]

Just like TVs. Down down down down. LMAO

[@watajob]

... and I'm the Sultan of Brunei

[@dugfriendly]

Can’t wait to get a hot hatch size cheap EV ❤️

[@philiptaylor7902]

MG4 EV Xpower?

[@gregp.7148]

You can. Used 2019 BMW i3. Strictly EV, no REX 650cc engine, a practical hatchback.

[@philiptaylor7902]

@@gregp.7148 good suggestion, or even better an i3S

[@gregp.7148]

@@philiptaylor7902, thanks. The other reason for my recommendation of the i3 was that I bought exactly one like that (2019) in early October and can only say good things about it! The instant torque and acceleration is priceless, even in this regular i3. And it’s definitely a unique vehicle, as I only see some on the road. (I can tell who drives the pre-updated version, as they all have round fog lights. After 2018/2019 it got thin LED “fog” lights (they are actually the amber turn signals; the mirrors have it too).

[@MrGMawson2438]

Innovation 👍

[@RSX007]

Man I’d trade my Ford Fusion plug in for an Ioniq 2 same price 20k hopefully they reveal it soon

[@scotduckrow8524]

The IRA credit for the lower two Tesla 3s and Ys better be reinstated or Hyundai/Kia will have sales resurgence in the US.

[@whitecometify]

Yeah this is great Tesla better make the model 2 amazing

[@lynxlecher9547]

Is that really what it's gonna look like? Seems too good to be true.

[@sevencostanza3931]

Hyundai Ioniq 2 looks very nice BUT I will believe the $22,0000 price once it is available to buy...otherwise i have learned that every manufacturer in the EV world exaggerates about price and range.

[@starpawsy]

I'll believe it when John Cadogan does a review on it. Not a microsecond before.

[@riderknight5805]

What curacy at 22000 ?

[@leiflillandt1488]

Big selling small cars in Europe are different kinds of hatchbacks or so called cross overs. This also means that they aren't very efficient at "higher" speeds, which means they will be blamed by the motor journalists... Some years ago some 20,000 euro EVs were sold in Finland, a couple of years later the prices are about the same as for new cars... Unfortunately I don't remember the makes and models (two sister cars).

[@mnhsty]

Th!nk City was one.

[@yggdrasil9039]

As long as Hyundai don't charge $30,000 for a battery replacement, they should do well with this car.

[@tomconway6808]

Those stories about TWO different Canadian Ioniq 5 owners who had their cars totalled by insurance because they hit debris on the road and Hyundai wanted to charge over $60,000CAD to replace the batteries is just insane. A couple weeks ago I sat in an Ioniq 5 in the showroom, and I really liked it. I went back home to do some research and found the first story. A week later a second story came out where the exact same thing happened to somebody else. That pretty much torpedoed my purchase right there. About a year ago I ran over a big hunk of concrete construction debris that was on the highway in my gas car. Fortunately nothing was damaged. I can take an educated guess on what would have happened if I was driving an Ioniq 5.

[@edicostantini5020]

I dont need a big screen, electric window, i dont need a paint , make it cheep! Thanks !

[@jimpackard8059]

Reuters report that average price of new EV purchase in Europe 2023 was $ 65k. Fact. The vikings vision of cheap EVs is a dream

[@markremelman1711]

It will be interesting to see if they are sued by Honda for trademark infringement. Honda trademarked IMA back in the early 2000's. Then it stood for Intigrated Motor Assist for their Hybrids.

[@BritishBeachcomber]

Hayundai is pronounced hai·un·dai. You may find high-UN-dye easier.

[@christianjack1250]

Now I can get a kia EV5 in china for 20000 usd. I am working hard and will buy one next year

[@timw4369]

Lots to solve. Weight range charging speed cold weather performance and range. Yes evs have come a long way but they are far from being where they need to be.

[@99346447]

we should all forget about land based transport. We are about 10 years away from a Kevin Costner « Waterworld» scenario. Personally Im gathering 2 of every kind of animal….

[@tonym8358]

Yes and the battery replacement 60k 😂

[@justinr9753]

Canadian

[@justinr9753]

@@phillipbanes5484 agreed

[@Wasaga1951]

Covered under warranty guys. Jezz!

[@tonym8358]

@@Wasaga1951 NO if the car hit something in the road and if you do a claim with your insurance will skyrocket

[@vancity2349]

Great concept and dreaming...production is hard. If they can pull it off it off at $22K that would be amazing. However if the Ioniq 5 is any indication they just don't produce many...which leads to greedy Stealerships adding markups, fees, and other costs to the end buyer...

[@lkrnpk]

Ioniq 2 to rival Tesla Model 2... and VW ID2 and Cupra 2 and Skoda 2 :D

[@nunagoras]

...And Citroen E-C3, and Fiat Panda, and Renault 5, and a likely Toyota Yaris EV, etc...

[@lkrnpk]

yeah I was just making fun about the ''model 2'' names, everyone wants to call the car ''2'', although I am pretty sure Cupra and Skoda will not be 2 in reality @@nunagoras

[@jamesvandamme7786]

@@nunagoras And Volvo EC30, and someday maybe even Ford Puma EV (I can hope).

[@0ooTheMAXXoo0]

@@lkrnpk Tesla has ruled out "model 2" and "model E" as names. No other word from them on the name other than that Elon calls it "robotaxi". Tesla calls it the 25k car or the next generation platform.

[@xaionik]

They won't sell them that cheap. They are all about profit margin.

[@aalsera0]

If it real looks like that ... I am down to purchase one

[@volvo1354]

what if you just finished university, and have to live in an apartment so you can pay off your loans - where do you charge it?

[@simonpannett8810]

This is the critical area for mass adoption where the volume of the market is! Tesla will have competition for its Model 2 that will push them even harder to manufacture at lowest cost!!

[@bubandit06]

I think Hyundai are getting away with saying these cars will be under £25k, by converting ticket price in Korea, and disregarding shipping and VAT. The only way I see the EV2 being that price is if they manufacture in Europe

[@connclissmann6514]

Delighted to read about this ambition from such companies, including Hyundai and VW and the faster-adapting classic car brethren. Tesla will have the advantage of the software, the charging network and the known recent reliability. Let's see... Exciting times.

[@Cre8Lounge]

Every damm car does not have to be electric!

[@igotanimac1]

Tesla has average reliability. Which isn't great considering just how unreliable some manufacturers are on the lower end of average. Still No where near Toyota/Lexus reliability.

[@connclissmann6514]

@@Cre8Lounge Clearly not! But for those that wish to buy an affordable car that can run on an economical fuel, especially in cities, electric vehicles priced below $25,000 appear to offer just such a blend. For the rich who wish to drive Porsches and (as yet un-stollen) Range Rovers, enjoy. There will be Ford Anglias and Escorts, Golf GTI's and Ferraris for decades to come. They will be exceptional cars for exceptional use enjoyed as special.

[@MrGMawson2438]

Cheers mate that hyundai ioniq 2 looks good

[@MrGMawson2438]

@@vincecarlo Why will they ?

[@elfuturomio]

How did that workout for people that bought Pintos cheap never equal Good

[@ferfromla]

How many times have we been plied with low prices coming in the future only to find out that the price has actually increased? The Ford Lightning was supposed to start at around $40k and the entry price is now around $50k+ as is the case for the Cybertruck, which Musk quoted a base price of $39,990 for a single-motor model in 2019. But it turns out that the current CT sells for around $80k, and the base model will sell in 2025 for $60k, maybe. But we have seen this movie before, car companies throwing out wonderful low-price quotes only to backtrack when it comes to delivering real-world vehicles. The other trick being used is to produce very limited quantities of low-priced EVs and mainly produce the higher-end versions. So let me put it simply, I don't believe any of them. These prices are in fact nothing but hype. We will never see a car at this price in the next two years made in any real quantities, if at all. It's total BS.

[@andrewgraham7659]

What are they doing to make these cars more insurable? A few battery problems what to the tune of over $60000 Canadian to replace the battery.....

[@tweetybird7668]

well i just changed my mind, not going to buy a tesla model 3 refresh, instead I’m waiting for this Hyundai model 2, more range, better quality, service and 100% built in US at new Georgia plant under construction

[@litestuffllc7249]

I might also Olivur probably why it won't sell for anything like that outside of China or Korea. One must note that for some rease the Korean brands are not keeping repair stock of such items as battery packs; and the replacments are costing $50,000 - $60,000 which ends up getting the vehicles written off. But losing $22k may be a risk one can take.

[@jamesvandamme7786]

They need to get that supply chain fixed, and rein in their stealerships. Batteries cost $5000 now and that will continue to drop.

[@AndrewTSq]

@@jamesvandamme7786 $5000? no $60000.

[@rp9674]

Chevy Bolts are the 1 to beat Chinese automakers will try products dumping if they're allowed to, selling vehicles at a loss to destroy the competition then charge whatever they want

[@seank7288]

I hope that this trend means the Cybertruck by the time I’m to get mine.

[@davidboskett5581]

Aside from the battery EV's should be much cheaper to build than ICE cars considering the electric motor and transmission is a lot less costly to build .Therefore with the price of batteries using new technologies and automation it is no surprise thar EV's will be cheaper in about another 5-10 years time. But we do have to take into consideration that EVs to day come with many more functions and improvements that were not available before this new source of electric power made them possible and they do add to the cost. We have to ask ourselves do we need all these features when for most of the time they are not needed for a short daily commute which is all most cars are used for.

[@jeffreyquinn3820]

Currently, EVs & hybrids seems to only come in the trim with lots of useless and annoying features, such as needing to go through a series of menus on a touch screen to change the radio station, so you need to stop the vehicle or take your eyes off the road for five to ten seconds. I had that issue driving a friend's RAV4 hybrid. That and turning on the cruise control required a sequence of seven or eight button presses. The inexpensive EVs available outside North America don't have all these features.

[@jamesvandamme7786]

@@jeffreyquinn3820 And kilowatt sound systems. And sunroofs. I hate sunroofs.

[@peteinwisconsin2496]

> . . . do we need all these features when for most of the time they are not needed for a short daily commute . . .? Added features in a vehicle are there to benefit the automaker as plain and simple cars don't provide the profits that fancy pickups and SU-buses provide. In a Capitalist society such as the USA, the only products we are offered are at the intersection of salable and profitable. That is why the rush to pickup trucks and SU-buses. It seemed that there was no limit to what people would pay for them until they reached $100,000. Only then were people less interested.

[@andrebotes]

Dream on a ev like that will never cost $20000 dollar's if a battery 🔋 costs 45000 to makes.

[@nervusbreakdown]

it won't because the dealers will see to it.

[@yjcool1]

Wouldn’t be a complete analysis without comparing to the Chinese EV makers as more than 50% EV sold worldwide is by the Chinese

[@lkrnpk]

I don't know about Seba, I remember like 9 years ago I was hyped about Singularity and Kurzweil and he had also had predicted a lot but then the development of technology was not as fast as expected afterwards... How can EVs cost 5k dollars, if nobody has cancelled the price of metal, tyres, glass, seats etc.? Why aren't ICE cars 5k then, if EVs will be? To me it sounds a lot like wishful thinking, I am 100% for EVs, go EVs, but a normal car cannot cost 5k anymore... even if electricity is dirt cheap and robots put them together

[@huckleberryfinn6578]

We talk here about Chinese micro-"cars". It's not comparable to the cars we are driving in the west. We will never get cars for 5k in the west, because of safety regulations and so on. Realistically, we can expect something like $10-15.000 like now with the cheapest ICE cars.

[@adan7182]

Seba just sells books

[@trythis2821]

@@huckleberryfinn6578 Even a 10K EV would be awesome. Never say never, economies of scale can do a lot, Tesla have a huge profit margin on each car made, when they release the Model 2 or whatever it is called. Image if Tesla and BYD got into a price war at that point. Tony Seba showed a graph of the cost per KW and predicted it would be $100 by 2023, he was bang on the money. If prices of batteries keep coming down it is possible his future predictions will come true as well.

[@jamesvandamme7786]

@@adan7182 A broken clock is right twice a day.

[@0ooTheMAXXoo0]

@@huckleberryfinn6578Cheapest ICE cars today are almost 20k. Inflation happened. EVs are way simpler and cheaper to manufacture and should be cheaper than ICE cars once the supply chain matures. The battery and supply chain that is not fully grown is why EVs still cost more than ICE. We are trending to be just a few years from where EVs should be cheaper and better than ICE at every price point.

[@jamesphillips2285]

I'll believe it when they charge less than $56,000CAD for a replacement battery.

[@beachboy922]

They're foll exactly Tesla strategy, a EV in every size and budget, with timeless design.

[@viking1au]

If it's a sedan, it must be a 4 door, not 2 door as pictured here, and it must ride better than a trolly!

[@j.ramirez7865]

….and what about transportation as a service (taas) where it be more affordable than a paid off gas car? I dunno 🤔

[@चाैतारीटिभी]

in 2013, i heard Tesla's ceo saying they will make car for mass market that is going to cost around 20,000.i was so excited and thought he was very trustworthy.this now 2024 and there is no car on that price.thank you Elon. now hyundai claiming the same.i am going to 'trust' them for sure.its like saying when ordinary people cannot afford a good food, government saying we will grow a lot of food after x number of years and you can eat as much as you like to. thank you hyundai

[@0ooTheMAXXoo0]

Estimating something for the future is not about being trustworthy or not. It is about how close to correct you got with your guess... I have never heard an earlier date than 2025 for the "economy" model... Seems on time as far as we know.

[@samonnchhay]

Why's go up ??????

[@Pillokun]

buat the battery will cost 50k to replace if gone bad, splendid (insert mr burns meme) :)

[@Sailorman6996]

20k€ car from tesla? I'm not holding my breath. For over 10 years they said next car is cheap. Fresh from their site is cheapest car 520k SEK. That's about 47k€ In Sweden. I can't see them cut that price in half, even if they did, they are still over 20k€