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I believe that EVs are actually going to face problems. While ICEs are expensive to produce now thanks to chip crisis, it will eventually fade off and prices wi
by TheLoafOfBread 4y ago
I believe that EVs are actually going to face problems. While ICEs are expensive to produce now thanks to chip crisis, it will eventually fade off and prices will cool down, while raw material shortages for EVs (copper, cobalt, lithium, nickel) are predicted for years into future, probably full decade.
Thus in few years people will have choice to either own inexpensive ICE maybe hybrid or much more expensive BEV. Problem for BEV will be even more compounded by their inflexible charging (majority of people can't charge at home, 50% people in EU lives in apartments) and high electricity prices (especially in EU). Thus people will start switching back to ICE, purely from economical and comfort reasons.
- jliptzin 4y agoThat is exactly my point. The choice today seems to be (1) spend ~$50k on a new ICE car and sell it in 4 years for 20-30k (or less) or (2) spend ~$70k on a new EV and sell it in 4 years for 60-70k (or more)
- TheLoafOfBread 4y agoWhich will actually make ICE cars more favorable for buyers than second hand BEVs with questionable state of battery?