Higher ownership costs? Do you have details? Mine have definitely been lower (7 years now)
(I’m talking about costs after purchase, not TCO which includes the higher price. Maybe you were talking TCO)
Re:California EV sales are falling
by thejazzman on Monday February 19, 2024 @12:45PM
(#39432523)
$15k battery replacement for my 2015 S makes it by far the most expensive ownership cost I've ever experienced. And it didn't even have anything to do with my usage of the vehicle.
That’s a tax on having early model unfortunately
Is it really $35K now? Because the way I remember it, a couple years ago the top trim Elantra was ~$25K and the same for Civic was ~$30K. So the difference wouldn't be as dramatic in purely monetary terms.
I've always been a pessimist on the short term growth estimates of EVs, they didn't make sense to me. $35,000 cars (with subsidies) aren't really cheap cars. You can talk about how much maintenance EVs save, and yet the data says eg Teslas (the best of the best) have higher annual ownership costs than the competitors. You aren't really going to save money buying a Model 3 over a Honda Civic. That's a fact.
But, EVs aren't going anywhere, they'll only keep improving.