in transport

An electric car, by the kilometre.

This new electric car chassis concept, the Tabby caught my attention. Worth also checking this coverage from Bloomberg. Now, this isn’t really meant to be a finished car; it’s supposed to be an open-source platform for building a finished vehicle, electric or otherwise. But they are talking about being able to build a car for ten thousand euros with this kit.

If you could build a finished electric vehicle on this platform for €25k, it would make sense. End-consumers wouldn’t buy these, because they wouldn’t be as flexible an investment as a regular car for the same price and consumers would be very concerned about resale value. But the same consumers would be willing to rent them by the hour. At 4 or 5 euros an hour and 10c/km, you could make money, and it would be very attractive to consumers.

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