Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Sunshine

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Xiaomi loses 900 USD for every car sold in the first quarter (carnewschina.com)

submitted 1 week ago by Sunshine to c/[email protected]

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[–] [email protected] 0 points 1 week ago (1 children)

A sane business has to make money on very sale

https://en.m.wikipedia.org/wiki/Loss_leader

[–] [email protected] 1 points 1 week ago (1 children)

Discounting milk to sell steak is not the same as discounting cars to sell... cars.

[–] [email protected] 5 points 1 week ago* (last edited 1 week ago) (2 children)

The maintenance to keep milk in good shape is not the same as the maintenance to keep a car in good shape.

I assume Xiaomi could be betting that their customers will buy enough Xiaomi maintenance/repair parts over the years that the original loss is worth it.

Charge less for the car today. Charge more for repairs tomorrow.

[–] [email protected] -3 points 1 week ago

Hey look, almost a sensible argument.

I'm sure it's a sustainable business model to bet on some customers getting only authorized repairs, in excess of how much money the company blew on the initial sale, all so they can reap that sweet, sweet, 0.1% profit margin.