EV Depreciation 2023

I would argue there would be no EV market were it for the Model S.

Don’t get me wrong, I think EVs are absolutely the future, but right now I know I would find one hard to live with and many are like me, the fears people express are neither unreal nor imagined. I think people will change their minds as the facts change.

Just because one has not bought an EV does not disentitle that person to a view; it’s like arguing that you need to get break a bone before you can express a preference on not having broken bones.

So you wouldn't charge your phone at someone's house? It's the same fuel as the car.

you dont use the infastructure, how can you say its rubbish without experience?

Are you suggesting we must all personally experience something before making an informed decision?

As a matter of fact though when I got the phev first I played a game of seeing if I could charge it at various destinations. Apart from a few hotels (little island, the Europe and Fitzgerald’s in Adare) it was a non runner without messing up my plans, waiting, coming back, general fooling. So to answer your question I did try the infrastructure between early and mid 2022 and all that has happened since is the number of users of that infrastructure has increased disproportionately to the infrastructure itself.

Infrastructure

Currently, the majority of EV charging (c.80%) is done at home, and access to and installation of home-charging infrastructure is relatively well established in Ireland. A more significant gap exists in relation to the provision of publicly accessible charging infrastructure.

…thats only the view of the Dept of Transport from 6 months ago, probably can be disregarded too. You should get onto the secretary general of that dept and tell them you have first hand experience of the infrastructure and it is amazeballs.

This is the crux of the issue. It's starting to work for more and more people. It's past the very early adopter phase. I remember when people would laugh or be curious about EVs when I was charging in public years ago. Now EVs are non-remarkable. Drive around Dublin (an event for us culchies) especially and there are loads of EVs.

I would also argue that you cannot have an opinion that something doesnt work unless you've tried it. Conversely, no one is going to force you out of an ICE car, it's just going to get more expensive as the fuel costs go up, the cost of climate emissions get passed on to you more an more with carbon taxes etc, and EVs are less impacted by this.

Yes EVs are predominantly charged at home. However you can't do the 80% of home charging without the 20% of public charging. The car doesnt work if its restricted to home charging only.

Where this fits into depreciation is interesting. I think as more and more EVs hit the market and R&D costs come down and down (spread across more and more sales) the depreciation curve on earlier cars is going to look bad for a while. Particularly if you buy like I did a Tesla before the price drops of 2022. There are literal people out there in 80k model Y that now less than 2 years later is worth 40k. The cost of early adoption.

I never said that EVs didn’t work for those that have them, I said there is a reason why many don’t want to buy them; you have been there one trying to force your opinion that people are somehow irrational in preferring ice cars (for now).

by contrast several people here including a number of ‘’moderators” have jumped down my throat with wild accusations simply because I am expressing a coherent, if contrarian, view to the accepted reality here. I have been told I am not wanted because I am not expressing views aligned with EV evangelism. Is very odd.

im not sure why you quoted what you did and then posted that to be honest.

^^^ the topic of the thread. Let’s get real and explore why EVs have a demand issue.

The world is wrong, but you are right? The market has failed? The entire populations of the United States and Europe are imbeciles? Good luck with that argument.

you are proving my point for me with your posting.

No I’m not. When the yanks won’t buy electric f150s, musk needs to reduce the price of his cars and VW can’t sell IDs there is a demand issue. I’m sure the Chinese have had an impact on the supply side in Europe (but not the US), but that doesn’t adequately explain the sharp drop in demand (at any realistic price potentially) for Sh EV vehicles.

i get this is emotive as people like to think their cars are “desirable”. (Except me, I don’t care, I drive a Camry every day)

You said

The facts:

https://www.nytimes.com/2023/12/12/business/ford-f150-lightning-ev.html

i dont subscrible to the NYT, perhaps you will be able to explain how that one article supports your assertion that the entire population of the NA and Europe and europe arent imbeciles (and by extension arent going to buy EVs when plenty of them already have) and how it addresses misinformation and irrational range anxiety in a lot of drivers.