this post was submitted on 07 Nov 2023
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Electric Vehicles
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eGMP cars (Hyundai/Kia) need 20 minutes of charging per 2-3 hours of driving. It really works — I've driven across Europe twice now, and often my coffee breaks take more time than the car needs to recharge.
The battery tech has advanced significantly in the last 10 years. Leaf used to be 24kWh, now it's 40kWh for the same price. If the trend continues (and likely will thanks to economies of scale ramping up), by the time you need to replace the battery in today's EVs, the replacements will be cheaper and better.
Unless they adopt the cell phone model and just make you trade the car in.
Someone at the end of those trades has to do the replacement, which will dictate second-hand car value.
BTW, batteries wear gradually, and a battery with 70% of capacity may be annoying for a car, but is still valuable for stationary energy storage (for solar). To me that’s another optimistic factor that can reduce actual replacement cost.
They will not pass these savings onto you.