Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

New Study: EVs Losing Value Twice As Fast As Petrol Vehicles
climatechangedispatch.com ^ | MAY 3, 2023 | FELIX REEVES

Posted on 05/03/2023 11:44:43 AM PDT by Red Badger

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-52 next last

1 posted on 05/03/2023 11:44:43 AM PDT by Red Badger
[ Post Reply | Private Reply | View Replies]

To: Red Badger

Everyone knows if the battery craps out, the vehicle will be worthless, so who would buy a second-hand one?


2 posted on 05/03/2023 11:50:56 AM PDT by Boogieman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

EV’s are not going to sell even close to what was anticipated, imo.


3 posted on 05/03/2023 11:52:14 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

If you knew when buying a ICE used car and had to replace the engine less than a year after buying it and the new engine cost nearly as much as the used car, would you do it or would you just buy a new car every time you needed a new car, assuming you could afford it.

Think of buying a new EV and 4-5 years later a new battery was required that cost nearly as much as the original car, it’s a crazy idea considering the cost and the way technology is changing, the new batteries might be compatible with the older cars.


4 posted on 05/03/2023 11:52:51 AM PDT by srmanuel
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

I have yet to see a comparison of the cost to operate an EV vs Petrol that allow for the expense of replacing batteries that have degraded over time.


5 posted on 05/03/2023 11:53:26 AM PDT by GMMC0987
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Fossil fuels more reliable than electricity.


6 posted on 05/03/2023 11:53:27 AM PDT by 353FMG (Secretly practicing my Putin swagger..)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

accelerated depreciation for EVs is simply a natural result of the battery slowly going dead over time ... once the battery is gone, so is the car ...


7 posted on 05/03/2023 11:54:35 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Something I heard about the other day, but haven’t listened yet .... all the talk about getting away from fossil fuels, going ‘clean’, etc .... we do not have the mineral resources to do it ....

***************

Decouple (podcast): Mining Our Way to Net Zero

“Dr. Simon Michaux, Associate Professor at Geometallurgy at Geological Survey of Finland, uncovers the truth about the vast mining requirements behind any proposed transition to a “clean” energy future.”

Watch the Decouple Studios episode on Dr. Michaux’s work: https://www.youtube.com/watch?v=19-gqgugKOc

Read academic works by Dr. Michaux: https://www.researchgate.net/profile/Simon-Michaux-2


8 posted on 05/03/2023 11:55:09 AM PDT by Qiviut (I'm not out of control, I'm just not in their control. $hot $hills: Sod Off)
[ Post Reply | Private Reply | To 1 | View Replies]

To: laplata
EV’s are not going to sell even close to what was anticipated, imo.

Until we are literally forced to buy them and there are no other options

Remember, WE are the (neo) Marxists now, so its coming.

9 posted on 05/03/2023 11:55:16 AM PDT by PGR88
[ Post Reply | Private Reply | To 3 | View Replies]

To: Red Badger
Keep in mind that this is in the UK. Lots of former EV advocates get second thoughts after seeing what cold weather does to range and charging speed. Multiply that with high density areas (EV owners living in apartments and having to use public chargers for normal commutes hate cold weather more than EV owners who charge at a home.)

My wife and I like our EV. But one important factor is that we live in Alabama.

10 posted on 05/03/2023 11:56:16 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qiviut

First of all, there is NO SUCH THING and ‘Net Zero’.

The Laws of Thermodynamics will not be broken....................


11 posted on 05/03/2023 11:57:20 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Qiviut

Mark Mills is one of the best on the “fraud” of green energy. He’s too nice to say that. A recent interview with him discusses particularly the problem of both minerals, and electricity production

https://www.hcgroup.global/hc-insider/hc-insider-podcast/the-energy-transition-delayed-with-mark-mills


12 posted on 05/03/2023 11:58:08 AM PDT by PGR88
[ Post Reply | Private Reply | To 8 | View Replies]

To: Red Badger

In addition to what’s said below, expect ANY accident which damages the battery modules to “total” the car.

https://www.makeuseof.com/how-much-cost-replace-tesla-battery/

In 2019, Elon Musk said replacing battery modules costs between $5,000 and $7,000. However, different Tesla models use a different number of modules per pack. For example, older Tesla models, like the Roadster and Model S P85, have 11 and 16 modules, respectively. While newer versions, including the Model 3 and Model S Plaid, only use four to five modules.

Considering this, expect Tesla battery replacements to start between $20,000 and $35,000. However, these prices could increase as they do not include incidental expenses (like other parts) and labor. With the most affordable Tesla coming in at $42,990 before rebates, the battery accounts for nearly half to 80% of the cost of the vehicle.

However, actual battery repair prices vary from what the CEO said.


13 posted on 05/03/2023 11:59:43 AM PDT by PapaBear3625 (We live in a time where intelligent people are being silenced so stupid people won’t be offended)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GMMC0987
I have yet to see a comparison of the cost to operate an EV vs Petrol that allow for the expense of replacing batteries that have degraded over time.

Mine is at https://freerepublic.com/focus/news/4127577/posts?page=51#51. Short version, since my wife and I were committed to driving nothing but used cars all our lives, when I decided to replace her car with an EV my deep dive price comparison was against used ICE cars, not new ICE cars. Thus, since we on average replaced our used ICE cars ever 7 years (vs 10 years battery replacement of an EV), combined with it was going to cost $10K to replace her crossover ICE car (used car prices had gone up in 2022, what will they be 7 years later?), my assumption is that saving on the ICE replacement on the 7th year anniversary of owning the EV will pay for the battery replacement on the 10th year.

14 posted on 05/03/2023 12:01:19 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Tell It Right

Here in the Destin Florida area I see lots of Teslas.....................


15 posted on 05/03/2023 12:01:20 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Red Badger

Now that’s a shock!


16 posted on 05/03/2023 12:02:13 PM PDT by blackdog ((Z28.310) We're all Women now.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PapaBear3625

A huge design flaw with Teslas is having the battery made into the car frame.


17 posted on 05/03/2023 12:03:28 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Red Badger

Caveat emptor.


18 posted on 05/03/2023 12:15:35 PM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

G.O.O.D‼️💥


19 posted on 05/03/2023 12:16:24 PM PDT by aMorePerfectUnion (Fraud vitiates everything)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Another measure would be how the EVs hold up mechanically.

And the fuel cost per mile compared with a comparable gas-powered vehicle.

Both of our cars are over 10 years old. I don’t care what their resale value is now. They have served us well.


20 posted on 05/03/2023 12:16:42 PM PDT by cymbeline
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-52 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson