RE: Your next car
January 27, 2019 at 11:09 am
(This post was last modified: January 27, 2019 at 11:10 am by Yonadav.)
(January 27, 2019 at 10:50 am)onlinebiker Wrote: The big downside of EVs is replacing the batteries - which will likely last til just shortly after the warranty runs out.
Be ready for a five figure repair bill.
Yep. If it weren't for the battery problem, EVs would probably depreciate more slowly than other vehicles. But there is a hard limit to the number of charge/discharge cycles the batteries can endure. If the batteries become significantly less expensive and replacing them is made easier, then depreciation would be less of a factor. Also there are emerging battery technologies that show some promise for tolerating far more charge/discharge cycles.
We do not inherit the world from our parents. We borrow it from our children.