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No one wants used EVs, making new ones a tougher sell too


kobayashiGT
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Twincharged
On 1/26/2025 at 10:12 AM, inlinesix said:

超載!

gg liao

Last time when Young,my Dad's W115 also carry 6 Small Childens behind.

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On 1/26/2025 at 11:12 AM, ER-3682 said:

Last time when Young,my Dad's W115 also carry 6 Small Childens behind.

Do that now and insurer will cancel policy if accident happens.

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China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch

Its long-life Fengxing battery model is built to last 15 years or up to 372,822 miles, ensuring durability.

BYD new Battery Will Charge in 7 Mins Destroys the Industry

Bye bye Tesla?

:D

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On 1/27/2025 at 8:05 PM, Jamesc said:

China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch

Its long-life Fengxing battery model is built to last 15 years or up to 372,822 miles, ensuring durability.

BYD new Battery Will Charge in 7 Mins Destroys the Industry

Bye bye Tesla?

:D

Need Special Super Charger.?

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On 1/27/2025 at 8:05 PM, Jamesc said:

China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch

Its long-life Fengxing battery model is built to last 15 years or up to 372,822 miles, ensuring durability.

BYD new Battery Will Charge in 7 Mins Destroys the Industry

Bye bye Tesla?

:D

Then BYD will be sanctioned soon for threatening national security.... 

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There is this article that shared that values of used EVs nosed dives after 2 years. Someone should do similar study over here to give us some idea of our situation. But what can be sure is that when the day of solid state batteries is here, that is when we will see the values of used EVs nosed dive. Those with ICE cars that can last another few years better consider carefully.

 

https://evcentral.com.au/electric-vehicle-price-plummet-new-research-shows-values-of-used-teslas-mgs-byds-nose-diving-in-australia-as-bargains-abound/

Edited by Heartlander
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New study released in Nature Energy looking at 300 million records and 30 million vehicles from 2005 to 2022 showed that longevity of EVs are comparable to ICE vehicles. Article from carscoops is here: EVs now last 18 years, matching ICE cars in lifespan, large study finds.

Reliability of EVs are simply getting better as time goes on. 

An extended study to include data from 2022 to 2024 would most likely swing the lifespan and travel distance number in favour of EVs over ICE.

ICE_EV.png

Edited by steveting99
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On 1/17/2025 at 4:05 PM, inlinesix said:

Not surprising.

US charging infra is worse than Malaysia.

A lot of these buyers never really look into charging before buying

And they are one unique country that has good mix of city and long distance driving. When come to long distance driving, ICE still has an convenience edge over  EV. 

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On 1/30/2025 at 3:48 PM, Heartlander said:

There is this article that shared that values of used EVs nosed dives after 2 years. Someone should do similar study over here to give us some idea of our situation. But what can be sure is that when the day of solid state batteries is here, that is when we will see the values of used EVs nosed dive. Those with ICE cars that can last another few years better consider carefully.

 

https://evcentral.com.au/electric-vehicle-price-plummet-new-research-shows-values-of-used-teslas-mgs-byds-nose-diving-in-australia-as-bargains-abound/

Here ? Used cars are as expensive and valuable as new ones, EVs included. 

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@Heartlander 

The thing about solid-state batteries is:

1. They’re likely still several years away from being available in EVs.

2. Even when they do arrive, they’ll probably be expensive and limited to high-end models.

3. If, by some miracle, solid-state batteries become widely available at a low price, I’d agree that demand for current (non-solid-state) EVs would nosedive. But so would demand for ICE cars, since solid-state tech would eliminate major barriers like range anxiety and charging concerns, people will be more willing to opt for EV with solid state battery instead of ICE cars...

So, my humble opinion is that if you can afford it, just buy what you like and don’t overthink resale value.

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