At the moment, the figures for going to EV if you currently own an ICE don't stack up, unless you do lots of miles. However at some point in the future, EVs will be cheaper to buy, which makes them a more attractive proposition to those that do fewer miles.
There's no denieing that air quality is improved where large numbers of EVs are used in urban areas, which is a good reason to use them.
Reducing pollution in urban areas reduces hospitalisation of residents due to reduced respiratory ailments, which saves the NHS money.
The main benefits of going EV are reduced fueling and maintenance costs, both of which are minimal compared to an equivalent ICE vehicle. This is appealing enough for many to go EV on their next car, but again it does depend on the mileage driven as to whether it makes financial sense.

For me, I like the idea of zero emissions from the vehicle, and the complete lack of engine noise is good too.
Having driven quite a few EVs, I don't find them offensive at all, and to be honest, an ICE vehicle feels rather old fashioned by comparison.
However for me at the moment, replacing my useful Freelander with an EV just doesn't make sense, either functionally or financially. The Freelander is just too capable in every respect, that there's really nothing on the market that is directly equivalent, not unless I drop upwards of £50k on a vehicle, which for the 5k miles I do a year, makes no sense at all. Hyundai Ioniq 5 Ultimate. The family car.
2009 Rimini Red SE TD4. Gone.
2006 Tonga Green i6 HSE. Gone.
Audi A5 convertible, the daily driver.
1972 Hillman Avenger GT, the project.

This is the kind of news that makes me wonder if the EV path is going to be slower and longer than the government (and society?) has planned.

EV Batteries are proving to be more difficult and expensive to be a mass power source.

Rolls Royce and Tecnam will have thought for a long time before scrapping this EV project.

https://www.ainonline.com/aviation-news/ad...c-aircraft FL2 XS SD4 Auto 2010 2012-2017 (21k - 91k miles) (MY2011)
FL2 Metropolis SD4 Auto 2014 2017- (16k - 82k+ miles) (MY2015)
Metro in its 11th Year of (Extended) LR Warranty / Full LR Service History
(Expensive, but Trouble/Worry free - hopefully?)

Battery technology is advancing all the time, so it wouldn't be long until more energy dense chemistries come along. We already have chemistries that allow 3000 plus cycles or more with little degradation, so more energy density batteries will come.

Don't forget that the internal combustion engine has had over 150 years of development, but hasn't made any significant advances in the last 25 years or so.
BEV batteries have been about for under 15 years, and have advanced massively in that time.

I'm optimistic that battery technology will deliver more than enough power density for the planet's requirements. Hyundai Ioniq 5 Ultimate. The family car.
2009 Rimini Red SE TD4. Gone.
2006 Tonga Green i6 HSE. Gone.
Audi A5 convertible, the daily driver.
1972 Hillman Avenger GT, the project.

Had a go in a friend's new Model Y yesterday. It was a lovely driving experience. Plenty of carrying capacity. My friend has it as a company car because of the tax situation and the Tesla charging system, which he says is the best by far . He charges at home and occasionally on the public Tesla chargers. He was a Volvo man previously and feels its not as well made as the Volvo but is pretty good.
I think he borrows his dad's car to tow their caravan.

I just need to wait for the cheaper, lighter and faster charging version before SWMBO will consider one. Jules

The battery powered aircraft has one big problem which is constant battery weight. By comparison a conventional plane gets lighter as the fuel is used up and which is factored into the usable range. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

Don't be first in line for maiden flight!!

Interesting article regarding the massive fall in secondhand EV's in past 6 months.
https://www.dailymail.co.uk/money/cars/art...sktop_home MY 09 GS manual in Lago Grey, Wood Co arm rest and side bumper strips - now sold.

MY 15 SD4 SE Auto Orkney Grey with colour coded Bumper Door Mouldings

Inevitable as some of the supply issues that were propping up used values fall away. 2 year old Polestar 2 can be had for £30k with modest miles, which seems about right once you strip away the covid premium.

On a side note, the Daily Heil *really* hates EVs. You'd be forgiven for thinking the paper was owned by old money that's deeply invested in oil, commercial property portfolios, traditional hospitality services..... Current driveway contents:
2021 V60 Cross Country B5
2009 FL2 dog bus and shooting wagon

On Order: 2023 Fisker Ocean Ultra - deposit paid.

I'm glad the prices of used EVs are dropping. I've seen locally (prices in Cornwall are always higher) than the Gen2 Nissan Leaf is loosing money particularly quickly. I've seen 3 year old Gen2s with under 15k on the clock sale for under £15k, which is about ½ the new price.
Ok the Gen2 leaf is pretty poor in performance and range compared to newer rivals, but its a way that normal drivers can afford to get a reasonably well equipped BEV, for not much money, even if it's only really suitable for around town running about.

I pretty much take anything from the media with a pinch of salt, as I'm sure pretty much all of those outlets are in some way financed by oil money, as suggested above. Hyundai Ioniq 5 Ultimate. The family car.
2009 Rimini Red SE TD4. Gone.
2006 Tonga Green i6 HSE. Gone.
Audi A5 convertible, the daily driver.
1972 Hillman Avenger GT, the project.

NoDo$h wrote:

Fisker expects to keep each Ocean on the road for a minimum of 12 years through continuing refurb and lease plans that allow people to get older but perfectly functional cars at much lower prices.

Case closed as to the viability of these vehicles.

Aveling wrote:

Case closed as to the viability of these vehicles.

The depreciation on some new EVs is so high that one that is 2 or 3 years old seems an interesting prospect. Jules

Yes, some of the models are depreciating at the same rate as some luxury ICE vehicles. It's not uncommon for expensive ICE vehicles to loose ⅓rd to ½ their purchase price in 3 years, and some EVs are following this trend. The VW ID3 and 4 are loosing over 50% in 2 years, which is ok if you're in the market for one of them.
It seems that the value of other EVs is stabilising after the initial loss.
At the moment, the running costs for an above average mileage user are low enough to offset a lot of the depreciation.

I'll definitely not be going back to ICE if I can avoid it, as EVs work for us. Hyundai Ioniq 5 Ultimate. The family car.
2009 Rimini Red SE TD4. Gone.
2006 Tonga Green i6 HSE. Gone.
Audi A5 convertible, the daily driver.
1972 Hillman Avenger GT, the project.

"It's not uncommon for expensive ICE vehicles to loose ⅓rd to ½ their purchase price in 3 years, and some EVs are following this trend."

Some expensive EVs are losing 40% in the 1st year




Im not sure what is driving this depreciation but it would be very hard to counter it with the saving in servicing and fuel costs if you are a low mileage driver. Jules