If you consider depreciation, that 1 or 2 year old EV today will take a much deeper plunge over the next 5 years than a 1 or 2 year old ICE vehicle, unless something changes rapidly or they change battery warranties to be 15 years or more.
Here in Denmark fuel stations are closing so fast that a petrol or diesel car will soon be more difficult to operate than an electric one. I firmly believe that in the next 5 years, prices for petroleum powered cars will drop like a rock.
If you consider depreciation, that 1 or 2 year old EV today will take a much deeper plunge over the next 5 years than a 1 or 2 year old ICE vehicle, unless something changes rapidly or they change battery warranties to be 15 years or more.
Here in Denmark fuel stations are closing so fast that a petrol or diesel car will soon be more difficult to operate than an electric one. I firmly believe that in the next 5 years, prices for petroleum powered cars will drop like a rock.