Lexus may also need to update its CT 200h, which is based on the Prius. Toyota is rolling out its new 2016 Prius, which will be the first car based on Toyota’s new global architecture. The CT 200h went on sale in 2011 and hasn’t changed much since.
EBFlex"I'd add to that right now, demand is higher than supply, so basic business rules say to raise the price."Demand is very low. Supply is even lower. Saying that demand is outstripping supply without providing context is dishonest at best.
IBx1Took them long enough to make the dashboard look halfway decent in one of their small trucks.
McsYou're right. I'd add to that right now, demand is higher than supply, so basic business rules say to raise the price. The battery tech is rapidly changing too. A battery tech in production today probably won't be what you're using in 2 years. In 4 years, something different. Lithium, cobalt, and nickel. Now cobalt and in some cases nickel isn't needed. New materials like prussian blue might need to be sourced. New sources might mean investing in mines. LMFP batteries from CATL are entering production this year and are a 15% to 20% improvement in density over current LFP closing the density gap with NCA and NCM batteries. So, more cars should be able to use LMFP than were able to use LFP. That will lower costs to automakers, but I doubt they'll pass it on. I think when the order backlogs are gone we'll stop seeing the increases. Especially once Tesla's backlog goes away. They have room to cut prices on the Model Y and once they start accumulating unsold vehicles at the factory lot, that price will come tumbling down.
AcdFifteen hundred bucks for OnStar makes some of the crap Southeast Toyota Distributors and Gulf States Toyota forces their customers to buy seem like a deal.
EBFlexRemember when Ford was all self pleasuring about the fake lightning starting under $40k? We all knew it was BS then and that Ford was taking a massive loss just to make that happen. This solidifies that.