I'm really curious to see how the used electric car market shapes up. New cars (electric or not) are pretty expensive. The average price of a new car in the US just topped $40k, which is out of reach of many car buyers. The people who buy new obviously tend to be well-off, and are often older. Then at some point down the road, those cars end up in the hands of (on average) younger, less-wealthy folks. But younger fol…
Electric vehicles close to ‘tipping point’ of mass adoption
31–40 of 667 posts
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#32The UK plan for no ICE vehicles to be sold by 2030 is fairly ambitious. I'm seeing more and more electric vehicles on the roads, but I think some regular customers will be disappointed by how poor the infrastructure is. Not only that electric chargers aren't as prevalent as they need to be, but the number of high-speed chargers are tiny (think a couple of locations per large city), but an even bigger problem is the h…
That's not so far off. Even large cities in North America have no more than a few dozen gas stations (and the UK likely fewer still due to things like London's congestion pricing reducing vehicle count). Once-a-week-or-so fueling doesn't really require a huge amount of infrastructure. That's one of the reasons we're all addicted to driving in the first place, after all.
And charging stations are, of course, absolutely dirt cheap to build relative to fuel stations. They'll keep up with demand easily as the driving stock expands. The limit, if there is one, is going to be the electrical distribution infrastructure. High voltage lines into cities aren't as cheap as we'd want.
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#33Earlier quoted context omitted.
>there won't be that much political resistance to a carbon price on gasoline, since most people are driving electrics anyway. So long as screwing people too poor to justify a new or new-ish car is politically unacceptable there will be some resistance. Cars from the early '00s are still on the road. It's gonna take another ~20yr for the fleet to turn over organically.
In the US there was a "cash for clunkers" program about 10-15 years ago that tried to clear out ineficient older model cars. It was fairly successful and stimulated purchases of newer cars. The downside was that some perfectly fine cars were scrapped. I suspect that gas stations will start swapping pumps for chargers, and that will motivate people to switch too. By the time this all happens though we will have more c…
This may happen some places, but I expect the charging infrastructure to ultimately look very different from the refueling one we have today. Today's fueling infrastructure is the way it is largely due to the difficulties of storing and pumping fuel safely (physically and environmentally speaking). There's no reason that an electric car shouldn't be able to 'refuel' at a restaurant, grocery store, or at work (ie, where we see most charging places pop up).
Having four-corners real estate and employees dedicated for electric charging all over even city is just inefficient.
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#34I'm really curious to see how the used electric car market shapes up. New cars (electric or not) are pretty expensive. The average price of a new car in the US just topped $40k, which is out of reach of many car buyers. The people who buy new obviously tend to be well-off, and are often older. Then at some point down the road, those cars end up in the hands of (on average) younger, less-wealthy folks. But younger fol…
That’s kind of funny to me. I’m old and I’ve got a manual transmission Saab. Young people who get in the car with me (back before COVID) have literally asked what that thing (the shifter) is.
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#35Re: Electric vehicles close to ‘tipping point’ of mass adoption
#36I'm really curious to see how the used electric car market shapes up. New cars (electric or not) are pretty expensive. The average price of a new car in the US just topped $40k, which is out of reach of many car buyers. The people who buy new obviously tend to be well-off, and are often older. Then at some point down the road, those cars end up in the hands of (on average) younger, less-wealthy folks. But younger fol…
$10,000 buys a pretty good used ICE vehicle. How many decent electric vehicles are selling used for that price? The lower ongoing costs of electric can justify a higher upfront price, but then you are paying more up front.
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#37Will be watching for the success of Rivian and Cybertruck to see if the rural market can accept electric.. but can't think of any good reason why not, other than pride and prejudice. (FD, I grew up in the country).
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#38Earlier quoted context omitted.
>there won't be that much political resistance to a carbon price on gasoline, since most people are driving electrics anyway. So long as screwing people too poor to justify a new or new-ish car is politically unacceptable there will be some resistance. Cars from the early '00s are still on the road. It's gonna take another ~20yr for the fleet to turn over organically.
In the US there was a "cash for clunkers" program about 10-15 years ago that tried to clear out ineficient older model cars. It was fairly successful and stimulated purchases of newer cars. The downside was that some perfectly fine cars were scrapped. I suspect that gas stations will start swapping pumps for chargers, and that will motivate people to switch too. By the time this all happens though we will have more c…
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#39I'm really curious to see how the used electric car market shapes up. New cars (electric or not) are pretty expensive. The average price of a new car in the US just topped $40k, which is out of reach of many car buyers. The people who buy new obviously tend to be well-off, and are often older. Then at some point down the road, those cars end up in the hands of (on average) younger, less-wealthy folks. But younger fol…
That’s kind of funny to me. I’m old and I’ve got a manual transmission Saab. Young people who get in the car with me (back before COVID) have literally asked what that thing (the shifter) is.
Going down a bit of a rabbithole there, but I'm still curious to see what the perceived desirability of used electric cars turns out to be for "average" Americans.
Re: Electric vehicles close to ‘tipping point’ of mass adoption
#40I'm really curious to see how the used electric car market shapes up. New cars (electric or not) are pretty expensive. The average price of a new car in the US just topped $40k, which is out of reach of many car buyers. The people who buy new obviously tend to be well-off, and are often older. Then at some point down the road, those cars end up in the hands of (on average) younger, less-wealthy folks. But younger fol…
>a depleted battery pack means less range or costly repair, etc. This has actually stopped me from buying a used EV in the last year, twice. Dealers aren't up front about used cars history in general, and, again from just the two I looked at, they are 1000% hiding any information they can regarding the battery packs. This is the largest hurdle to the used car market (after the shortage of used EV's because of their n…