These EVs Are Depreciating By 4% Per Month!

[Opa]

We went from Huntsville, Alabama to Atlanta, Georgia and all about town for the weekend with no problems. We went to the aquarium; there are EV chargers there on the way to Atlanta. There was a convenient electrify America, DC, fast charger at Walmart went to a restaurant. Had lunch came back 30 minutes later 100%, off to Atlanta we went. When we checked into our hotel, there was no problem with the valet parking plugging in our destination charger so every morning we left right at about 100%

same thing for a road trip to Detroit easy Peezy every 200 miles or so to find an electrify America, DC fast charger. Fortunately, all of them are conveniently located near restroom, facilities, and food.

I hope this helps you and your decision to try road trips my friend.?

Edit: Road Trip to Batesville, MS at the end of the month.....MS has NOT done as promised and built infrastructure every 80 miles as promised by 2030 (now 2024)....so this will be interesting update in early JAN

Sponsored

 

[azerik]

Perhaps

Siri, remind me to follow up on this post in 5 years

 

[Opa]

Trust Musk? About As Far As I Can Throw A Cyber Truck

I TRUST OTHER MORE REPUTABLE SORUCES

https://www.greencars.com/news/next-gen-ev-batteries-will-deliver-500-mile-range

 

[Opa]

Darn It All Sorry - Was Not Shouting

 

[mkhuffman]

Trust Musk? About As Far As I Can Throw A Cyber Truck

I TRUST OTHER MORE REPUTABLE SORUCES

https://www.greencars.com/news/next-gen-ev-batteries-will-deliver-500-mile-range

"One of the things that people are concerned about is EV range. Well, that’s about to change, as there is a lot going on with battery pack design. In fact, new technology is on the way that could deliver batteries that can take you 500 miles or more on a charge."

It has been two years since that article was written. It's a reliable source? Where are all the 500 mile vehicles?

 

[MadMatt]

All EV's sold today a great cars (for the most part).

The depreciation issue is simply because the technology is changing so fast.

ICE vehicles never improved efficiency 20-30% from one year to the next like we are seeing with new battery technology. We are buying vehicles with 200-300 mile range today, within 5 years that number will be doubled. ICE cars would depreciate just as quick if there was a "new engine" capable of double the range right around the corner.

 

[nvabill]

All EV's sold today a great cars (for the most part).

The depreciation issue is simply because the technology is changing so fast.

ICE vehicles never improved efficiency 20-30% from one year to the next like we are seeing with new battery technology. We are buying vehicles with 200-300 mile range today, within 5 years that number will be doubled. ICE cars would depreciate just as quick if there was a "new engine" capable of double the range right around the corner.

Even without battery technology improvements today's EV's are basically throw away cars after a few years because of rapid changing computer systems.

 

[MadMatt]

Even without battery technology improvements today's EV's are basically throw away cars after a few years because of rapid changing computer systems.

i get what your trying to say but my conclusion is the opposite. The tech is so new that today’s batteries are over-engineered for the typical expected life of a vehicle. 4000 battery cycles is like a million kilometres. How many people do you know keep vehicles that long?

the value decreases because there are always way better options technology wise coming out year over year, that doesn’t mean you need to throw away your car in 3/4 years. The cars we are buying today will last. 10 years easy without breaking a sweat.

 

[nvabill]

i get what your trying to say but my conclusion is the opposite. The tech is so new that today’s batteries are over-engineered for the typical expected life of a vehicle. 4000 battery cycles is like a million kilometres. How many people do you know keep vehicles that long?

the value decreases because there are always way better options technology wise coming out year over year, that doesn’t mean you need to throw away your car in 3/4 years. The cars we are buying today will last. 10 years easy without breaking a sweat.

True

 

[Mach1E]

All EV's sold today a great cars (for the most part).

The depreciation issue is simply because the technology is changing so fast.

ICE vehicles never improved efficiency 20-30% from one year to the next like we are seeing with new battery technology. We are buying vehicles with 200-300 mile range today, within 5 years that number will be doubled. ICE cars would depreciate just as quick if there was a "new engine" capable of double the range right around the corner.

What is changing so fast?

What significant improvement do we see in a 2025 Tesla Model S that didn’t exist in 2013?

Over a decade and it’s basically the same tech.

What vehicle are you referring to with a 20-30% efficiency increase year over year? I’ve seen range increases due to larger batteries but only minimal efficiency gains year over year.

 

[Womps]

And, even though I am madly in love with my, MMEGT, I leased the bad boy because I know in 36 months batteries are going to be completely different out there and a 260 mile range will be laughable

Thats what I said 36 months ago. Wrong!

 

[devmach-e]

All EV's sold today a great cars (for the most part).

The depreciation issue is simply because the technology is changing so fast.

ICE vehicles never improved efficiency 20-30% from one year to the next like we are seeing with new battery technology. We are buying vehicles with 200-300 mile range today, within 5 years that number will be doubled. ICE cars would depreciate just as quick if there was a "new engine" capable of double the range right around the corner.

I bought a Bolt EV 8 years ago. The range on that was 238 miles. 8 years later, most affordable EVs are still between 200 and 300 miles of range, including the Mach-E.

I keep waiting for the next spectacular innovation to drastically make my Mach-E obsolete within the next few years. It keeps never happening. Innovation and improvement in the automotive world happens incrementally. And for the most part, slowly.

 

[devmach-e]

Even without battery technology improvements today's EV's are basically throw away cars after a few years because of rapid changing computer systems.

Bullshit. Even an 8-year old Bolt EV still has plenty of value. They’re going for $10K or more in my area. Maybe $10K is throwaway money to you, but it isn’t for a lot of people.

 

[nvabill]

Bullshit. Even an 8-year old Bolt EV still has plenty of value. They’re going for $10K or more in my area. Maybe $10K is throwaway money to you, but it isn’t for a lot of people.

You may be right, I guess time will tell.

 

[Triggerhappy007]

What is changing so fast?

What significant improvement do we see in a 2025 Tesla Model S that didn’t exist in 2013?

Over a decade and it’s basically the same tech.

Sponsored