Hi, I'm the author of this piece.
It is very heartening to see everyone engaging on topics like IP, production capabilities, trade dynamics, charging anxiety, safety and more. I love that the discussion isn't one-dimensional, and that rapid tech advancements in EVs are being seen as a sign of progress and volatility both. In the same vein, ICE vehicles being stagnant is not simply being written off as them being outdated but instead being considered good enough. One commentator is on the ball in suggesting that the depreciation problem might actually be a data problem. I've often found in my reporting that assessing EVs in general pose data challenges given how new the tech and market is.
As many of you pointed out, there are several factors that influence the price of used EVs and given how nascent the market is, it may be too soon to tell if the initial prices were inflated, or if the used pricing will settle in the near future, and so on. Battery anxiety, though, seems to be a big point of contention. EV users in the comments seem to be quite happy and confident about their battery, but several people still point to battery life uncertainty and the information asymmetry around it as deterrents.
Experts suggest that battery-as-a-service models are a potential lifeline, but someone here said standardisation for individual buyers is far off because "battery tech, from the chemistry to the packs, shows no sign of slowing down in the immediate future." Another person said they're looking forward to solid-state batteries.
I'd love to know more from you about how battery tech is evolving/should evolve where you are and whether battery swapping or leasing or any other financial models would make EV adoption (used or new) more enticing? If you have any specific examples, please do share
It is very heartening to see everyone engaging on topics like IP, production capabilities, trade dynamics, charging anxiety, safety and more. I love that the discussion isn't one-dimensional, and that rapid tech advancements in EVs are being seen as a sign of progress and volatility both. In the same vein, ICE vehicles being stagnant is not simply being written off as them being outdated but instead being considered good enough. One commentator is on the ball in suggesting that the depreciation problem might actually be a data problem. I've often found in my reporting that assessing EVs in general pose data challenges given how new the tech and market is.
As many of you pointed out, there are several factors that influence the price of used EVs and given how nascent the market is, it may be too soon to tell if the initial prices were inflated, or if the used pricing will settle in the near future, and so on. Battery anxiety, though, seems to be a big point of contention. EV users in the comments seem to be quite happy and confident about their battery, but several people still point to battery life uncertainty and the information asymmetry around it as deterrents.
Experts suggest that battery-as-a-service models are a potential lifeline, but someone here said standardisation for individual buyers is far off because "battery tech, from the chemistry to the packs, shows no sign of slowing down in the immediate future." Another person said they're looking forward to solid-state batteries.
I'd love to know more from you about how battery tech is evolving/should evolve where you are and whether battery swapping or leasing or any other financial models would make EV adoption (used or new) more enticing? If you have any specific examples, please do share