Sounds like EV car batteries last 8-10 years. At which point, the battery replacement cost is so high it seems very few people will pay >> the residual cost of the vehicle to replace it.
Are we destined for the majority of EVs ending up in junk yards after 10 years of use?
There's obviously diminishing returns to keeping a gas car in good working order as well, but I wouldn't say it's uncommon for gas cars to go 20 years unless the mileage/yr is super high (rust takes it toll no matter the power plant).
Seems like we're chasing this marginally more "eco-friendly" car tech that's got a pretty severe economic impact on the tail-end.
Are we destined for the majority of EVs ending up in junk yards after 10 years of use?
There's obviously diminishing returns to keeping a gas car in good working order as well, but I wouldn't say it's uncommon for gas cars to go 20 years unless the mileage/yr is super high (rust takes it toll no matter the power plant).
Seems like we're chasing this marginally more "eco-friendly" car tech that's got a pretty severe economic impact on the tail-end.