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Jack

1 year ago

in Will Converting to Electric Cars Cost Us Nothing? on WealthBoy
I get your point about the low-margins, but here in the U.K. at least, the margin on gas is only a few pence at best anyway. They actually make most of the money from selling candybars, washer fluid etc. Besides which, a low cost product does not necessarily entail low margins - look at gift cards for example. They cost pennies to make, and are sold at a 5-fold mark-up - yet people still buy them. As long as they can sell electricity cheaper than gas, then people will be able to make a profit easily.
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