Comment on Mexico’s first homegrown EV faces a bumpy road
MachineFab812@discuss.tchncs.de 1 week ago
Of course the first “expert opinion” quote is from a Tesla employee. Otoh, it seems obvious the timeline is too ambitious, but the “starting from zero” line seems like bullshit as well, considering how much auto manufacturing already takes place in Mexico.
Buelldozer@lemmy.today 1 week ago
Tesla employee or not they’re almost certainly correct, the barriers to entry in the automobile market are very high. Tesla made it, barely, through leveraging enormous amounts of Venture Capital. BYD made it by using even more enormous amounts of Government Funding and Venture Capital and those were both done in areas that already had stupendously high levels of ICE auto manufacturing.
Mexico has none of that and they’re competing with all of the established players. I wish them success but it’s extremely unlikely that they will succeed.