We have a look at how the Scandinavian nation is streets forward of others on the subject of electric cars. Purchased component costs (two-thirds of auto prices) had been roughly $2,000 greater for Ford than for Toyota and possibly a thousand larger than they have been at GM on equivalent automobiles, primarily because of lousy volume predictions on the time of product approval.
In the Eighteen Nineties, the American automotive industry started and, because of using mass-manufacturing and the large size of the domestic market, quickly evolved into the biggest automotive industry on the earth (although this title could be … Read More..