Earlier quoted context omitted.
You're missing the point: There's basically a point sometime in the 2020s when an electric vehicle becomes cheaper than a gas car. We just don't know that date yet. The biggest cost of an electric car is the battery; and the cost of batteries is dropping very fast. Everything else is significantly cheaper in an electric vehicle except for the cost of the battery. (Tesla used to say there's a "Moore's Law" of battery…
>You're missing the point: There's basically a point sometime in the 2020s when an electric vehicle becomes cheaper than a gas car. We just don't know that date yet. I think a case could be made for us already being at that point, if the total lifetime cost of car ownership is factored in. ICE vehicles are obscenely mechanically complex. That complexity inevitably leads to lots of repair bills over an ICE vehicle's l…
EVs lose out here because of battery degradation. You can quite happily buy a 10 year old ICE car and get good reliability at a good price. Trying to do the same with an EV just gets you a car with a worn out battery and low range.
The batteries for EVs need to get cheaper and more durable for the second-hand EV car market to be competitive with the second-hand ICE car market.