Their components are far simpler - just a motor which is not as complicated as petrol/diesel engines. Transmission is also supposed to far simpler (no gearbox as constant torque at any RPM).
Yet, electric cars are more expensive than their fuel burning counterparts.
Is it because major cost factor is battery? If so, is the battery actually cost that much to manufacture or inflated due to patent/royalty?
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Early adopters pay for development costs.
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lower production runs, less economy of scale.
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And lots of very expensive R&D to recoup.
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And because they can.
Not naming any manufacturer who might have roughed out a pre release price to the press, then the Government announced a 5k subsidy, and when the car arrived, it was mysteriously 5k more than the original suggested price was going to be...
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