Quote:
Originally Posted by NeilBlanchard
Tesla batteries are holding up very well, generally.
So, whatever cost you think the pack costs is moot. By the time you MIGHT need to replace it, they probably can do that for a much lower cost.
You save lots of money driving an EV.
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I'm not even mentioning replacement; I'm talking acquiring it in the first place.
EVs will be the performance AND budget choice if/when battery costs come down.
In the meantime, people don't like driving stripper $40k cars that are good for local driving and a huge hassle for road trips.
In economic theory, the EVs have a suitable replacement (ICE vehicles) since they can accomplish the same tasks. ICE vehicles don't have a suitable replacement from EVs for those long drives.