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“largely by cutting the expense of keeping a large supply on dealer lots, and cutting advertising costs (and cutting employees)”. I adjusted his statement.
“radical simplification of the labor it takes to put them together” – again less jobs… should be quite a shake up in the automotive industry in the future.
Less labor per vehicle does not mean less jobs – it means more vehicles per hour, per shift, per plant.
Charles, that’s a good debate. Just depends on the demand at that time, and price. The used car market will correct at some point. EV’s pricing needs to get lower what’s available otherwise nobody is buying them.
Producing an EV requires on third less labor.