Its higher for hybrids and even higher for BEV. EVs are a huge win for commuters in big cities, but that is not usual here. Only 25% of commuters in London do so in a car. I hate commuting anyway, and when I have had to do it by car (not in the UK) I hated it even more. More people go to work by car outside London but commuting mileage is still less than half other private mileage.
https://assets.publishing.service.gov.uk/media/6a9ed42af36e1...
if I had an EV it would be more expensive, and I would have to find a way of charging it (I park on the street). A second hand BEV would still need an annual MOT, and it would still need tyres, it could still suffer accidental damage. That covers almost all of my maintenance costs in the last three years.
> We'll likely see some bright entrepreneurs shipping barely used ICE vehicles to “countries with less infrastructure,” where gasoline is the primary energy source for transportation.
Infrastructure can change pretty quickly when you do not have much of it to start with. I think the primary reason for sticking to ICE in some countries will unreliable electricity supplies - but those are also the countries where oil supplies are chancy. It could change pretty fast too. I know people with home solar in tropical countries where it is pretty reliable.
So i actually think it could go the other way with developed countries slower to switch. I am far to uncertain to take any bets though.
Outside the United States, I expect 2-4 year used ICE vehicles to hit the $500 mark in the next few years. We'll likely see some bright entrepreneurs shipping barely used ICE vehicles to “countries with less infrastructure,” where gasoline is the primary energy source for transportation.
Sometimes a product is so bad that you can't make it cheap enough to make it worth buying.