It is a question more intended for the people that plan to keep his cars for more then 10 years.
If you follow the news, there’s a lot of things that will separate the EV from 2027 (+/- give it or take a year) to the early generations.
From common diagnostic tools, new generations of batteries, including solid state batteries, more standardise charging, more widespread use and support of fast charging, cheaper prices, etc. Legacy autos will finally start to use dedicated and optimise car frames for EV and not adaptations.
In short, there’s a lot coming that may feel to the people with pre 2027 cars that are more outdated and limited, was wonder what you thing about this.
For example I have friends and colleagues that are waiting for this “new generation” of EV to consider the switch.
Sounds like Toyota’s fomo delay tactic is working. (and to answer your question, no i don’t think anything groundbreaking is happening in 2027 at a production/deliverable level for you)
I generally keep my cars for 8-10 years, and don’t worry about most of the above. Yes, cars will advance, and that is happening at a fast rate right now with EVs in particular. Improved infrastructure benefits everyone, not just new EVs and advances to new cars don’t make my car any less capable than it ever was.
Because I keep my cars for so long, and generally put more than 200K miles on them, I don’t care that much about resale value. They usually don’t have a lot of resale value, and I expect that to continue.
IMO, the concerns above really boil down to: Will my car have good resale value, and that’s more a question for those that don’t keep their cars for 10 years or more…
My wife has a 2023 Tesla Model Y
- Standardized charging-She has a Tesla, no issue
- “Solid State Batteries”-Whatever Toyota
- “Fast Charging”-We have to use Superchargers about 8-10 times a year. I’m not going to cry over the 4 hours of my life that is removed each year. Just like I never worry about the 2 hours a year (26x 5minutes) I spend fueling up my Kia Telluride.
So in summary, no
My Bolt will meet my particular needs until it falls apart, so no.
It’s practical because you can use it to drive to work or on a road trip (even if it might be slower than others)
Its value is the fact that it is a reliable vehicle, not that it is a cutting edge one.
Been driving them for 10 years. My current one will be 6 years old in May. And no I am not worried. I work in IT and if I waited for the next big thing I would always be waiting as there is always the next big thing.
I didn’t buy a vanilla EV. Therefore I will enjoy my car for 15 years like I always have with my ICE cars.
there is no safe harbor right now, if you buy an EV for the next 10 or more years, you will have more than average depreciation because the tech is your and each subsequent generation will be significantly better. However buying an ICE car is even worse since nobody will want one in 10 years. the only way to get around it so buy one where the bulk of the depreciation has already happened.
No. You’re falling for the media hype that happens in every market. There’s always going to be a “next gen” so you’re going to just end up waiting forever for some major development.
Remember 20 years ago when graphene batteries were going to change the future for everything battery powered? Where are they? Solid state batteries aren’t new either, they were first introduced nearly 40 years ago. Any time there’s been a media hype for some “revolutionary” new tech, it’s just been a slow and steady progression instead. Just like how every month for the past 20+ years there’s been revolutionary progress in solar panel technology, yet solar panel efficiency never had a quantum leap, just progression over time.
Its applicable to anything, why by an iPhone 15 now when the iPhone 16 will be better, but why by the iPhone 16 when the iPhone 17 will be better?
Eh idk bmws Knuea Klause stuff looks insane and a lovely time to transition frankly. Can’t wait for 2025.
I remember people on tech forums gnashing their teeth when Apple would release a new laptop that was faster/better/whatever than the one they bought “just 5 months ago”. Like, what did you expect? Did yours suddenly become worse?
My Tesla is an amazing car now, so unless it breaks down I don’t see why it wouldn’t be in 5-10 years also.
and limited
does the car still suit your needs in 2027? if so, what is the urgency to get a new car?
new generations of batteries
but TODAY, you barely charge 2x a week in the garage at home
what does a bigger battery actually get you - you still park in your garage every night, right?
more standardise charging,
2x a week at home - school, kids, errands. - there are adapters for the other flavor - there are only 2 flavors. this is not a big problem to solve either.
and support of fast charging,
how often do you need it?
do you have a 100 mile daily commute?
what can you put back on your car in the garage, overnight while you are asleep?
For example I have friends and colleagues that are waiting for this “new generation” of EV to consider the switch.
probably because they have range anxiety… which, generally speaking, is not a real condition.
they just assume that they are going to have to go on an emergency road trip 2x a week.
https://en.wikipedia.org/wiki/Range_anxiety
is considered to be one of the major psychological barriers to large-scale public adoption of electric cars.
where I live, people w/o a garage charge at the grocery store, or the coffee shop - places where you could NEVER buy gasoline. doubt a high percentage of these people will regret their purchase in 3 years.
80% of new cars sold in Norway are now electric vehicles
https://www.cbsnews.com/news/electric-vehicle-europe-norway-tesla-sales/
The transition to EVs will take much longer that the transition from flip phones to smartphones.
If there are better batteries then I’m sure someone will be offering battery upgrades on the older EVs.
Only the most common and easy to replace batteries. GM’s truck with it’s 20 replaceable modules? Sure. A Tesla? No chance.
My EV6 is going to lose a lot of value in the next 5 years. But the money I’m saving now by not buying gas will make up for that loss.
If i had waited another 5 years, yeah an equivalent EV would be $15k cheaper, but I’m saving $5k per year on gas now.
my car could get me to work in 2019. It can get me to work in 2023. I expect it will get me to work in 2028. If it doesn’t then I have still bought the best option that I could today.
Already on year 7 for my current ev and exactly 20 years since my first EV. Less has changed the past 7 than my first 10.
Most of those '27 predictions are BS.
Charging is already sufficiently standardized. Fast charging is already available to go anywhere today. Solid state offers no advantage (only higher price). Diagnostics tools are irrelevant for the end user. Optimized car frames are already a thing for the likes of Tesla or BYD (and also something the end user doesn’t care about). TCO EVs have been cheaper than ICE cars for years already.
The good EVs of today are far superior to ICE cars and fulfill all but the most extreme use cases. There is no reason to wait.