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A comment on Electric cars suffer 'unsustainable' depreciation in secondhand market. Parent comment

Re:Electric cars suffer 'unsustainable' depreciation in seco... by zelos on Thursday January 18, 2024 @05:03AM (#39039958)
I don't think the parent is making a point about battery degradation, more that EV technology is advancing much faster than ICE. It's not 10% cheaper to make a petrol engine every year, after all.
[ Parent | on HN ]
Re:Electric cars suffer 'unsustainable' depreciation in seco... by xbmcuser on Thursday January 18, 2024 @06:51AM (#39040659)
Yeah thats my point. A new ev 5 years from now would cost 75% of what a new ev cost today anyway so 2nd hand ev will have a price pressure from new ev.

We are I estimate 7-10 years from when batteries become such small percentage of ev cost to not matter. When you add 10% cost decline for solar electricity every year I think a lot of ice enthusiasts, politicians and car manufacturers haven't realised the hammer that is coming for them.

[ Parent | on HN ]