No one will pay much for it because it’s about to need a $15,000 battery,
That’s pretty rare though. Less than 5% of EVs need a battery replacement after 10 years (including those with defective batteries), and modern EV batteries should last at least 20 years, after which they’re still estimated to have around 65-70% capacity.
That’s not pretty rare, and with lithium batteries it’s also a guaranteed capacity loss, even if there’s not many power cycles to them. Age is a huge determinate factor in capacity and power loss in lithium batteries. The capacity loss also isn’t on a straight line scale. It increases with time. One or two percent a year loss for the first 5 years and then it will get bigger and bigger. Unlike an ice vehicle that’s kept in a garage and taken care of that can got well over 200,000 miles almost regardless of age, an EV currently can’t do that. They’re terrible in the 2nd and third hand market. A 20 year old EV will be useless.
While battery degradation is real, one thing people often overlook is that most of these mandates include PHEVs under the umbrella of electric vehicles. PHEVs have way smaller batteries which make them lighter, cheaper, and they aren’t subject to range anxiety. The only downside is the extra cost and the continued maintenance required of an ICE (but ICE buyers are used to it and don’t care about that).
That’s quite false, buddy. In fact it’s an outright lie. For Europe and for the US, so I don’t know where you’re talking about this “most of” is at.
The EU bill was for a complete ICE ban by 2035, and the reversal that Germany was pushing for in removing that ban was for it to be a 90% emissions reduction instead of a ban. This was wanted by Germany for the sole purpose of still allowing hybrids after 2035.
In shorter fashion: It didn’t include hybrids. Now it’s going to.
My mistake, it always allowed PHEVs in Canada and I made the assumption it was similar elsewhere as a full blown EV mandate is a really though sell. Thanks for clarifying.
That’s pretty rare though. Less than 5% of EVs need a battery replacement after 10 years (including those with defective batteries), and modern EV batteries should last at least 20 years, after which they’re still estimated to have around 65-70% capacity.
That’s not pretty rare, and with lithium batteries it’s also a guaranteed capacity loss, even if there’s not many power cycles to them. Age is a huge determinate factor in capacity and power loss in lithium batteries. The capacity loss also isn’t on a straight line scale. It increases with time. One or two percent a year loss for the first 5 years and then it will get bigger and bigger. Unlike an ice vehicle that’s kept in a garage and taken care of that can got well over 200,000 miles almost regardless of age, an EV currently can’t do that. They’re terrible in the 2nd and third hand market. A 20 year old EV will be useless.
While battery degradation is real, one thing people often overlook is that most of these mandates include PHEVs under the umbrella of electric vehicles. PHEVs have way smaller batteries which make them lighter, cheaper, and they aren’t subject to range anxiety. The only downside is the extra cost and the continued maintenance required of an ICE (but ICE buyers are used to it and don’t care about that).
That’s quite false, buddy. In fact it’s an outright lie. For Europe and for the US, so I don’t know where you’re talking about this “most of” is at.
The EU bill was for a complete ICE ban by 2035, and the reversal that Germany was pushing for in removing that ban was for it to be a 90% emissions reduction instead of a ban. This was wanted by Germany for the sole purpose of still allowing hybrids after 2035.
In shorter fashion: It didn’t include hybrids. Now it’s going to.
My mistake, it always allowed PHEVs in Canada and I made the assumption it was similar elsewhere as a full blown EV mandate is a really though sell. Thanks for clarifying.
The ban for ICE vehicles was only for new registrations. ICE cars registered before 2035 were still allowed to be driven after 2035.