This is an important post. But it's not absolutely clear what the point is. You say entry is "easy," without specifying where. But most of the data you provide is for the US, while when you point to the number of new entrants recently, all 4 firms are large Chinese companies (and you don't say how close they are to actual production).
In the end you wind up saying that the cost of entry (in the US) has gone from less than $24000 in Ford's day to $2 billion or so today. I'm in Silicon Valley. Raising $2 billion is not "easy." So you've made an important point that entering the auto industry is now much easier than people might think, even in the US. But maybe the title of the post should have been "Why Entry into Making Electric Vehicles is NOT TOO HARD today"?
This is an important post. But it's not absolutely clear what the point is. You say entry is "easy," without specifying where. But most of the data you provide is for the US, while when you point to the number of new entrants recently, all 4 firms are large Chinese companies (and you don't say how close they are to actual production).
In the end you wind up saying that the cost of entry (in the US) has gone from less than $24000 in Ford's day to $2 billion or so today. I'm in Silicon Valley. Raising $2 billion is not "easy." So you've made an important point that entering the auto industry is now much easier than people might think, even in the US. But maybe the title of the post should have been "Why Entry into Making Electric Vehicles is NOT TOO HARD today"?