Re: A waste of time and money
Electric cars are not simpler than ICE cars. This is a mistake because most people don't realise how complex are batteries and the power electronics.
Batteries have thousands of parts that must be assembled correctly and the bigger ones need liquid cooling which implies heat exchangers and fans as well as control gear. The power electronics needed to drive large synchronous motors, plus charging circuitry and regeneration, isn't cheap. Electric motors are not as simple as all that - IC engines have a relatively small number of different parts, assembled in multiples. So do electric motors. The fact they happen to be stator and armature plates, coils and insulators, doesn't magically make them simpler. And they too need liquid cooling.
Then factor in the small production volumes and the R&D amortisation and that explains the cost.
In the UK the entry price for a Tesla and an E-class Merc is about the same. The E class isn't made in the huge volumes that give small hatchbacks such low prices.