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  3. Used EV sales spike alongside gas prices

Used EV sales spike alongside gas prices

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  • throws_lemy@reddthat.comT This user is from outside of this forum
    throws_lemy@reddthat.comT This user is from outside of this forum
    throws_lemy@reddthat.com
    wrote last edited by
    #1
    This post did not contain any content.
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    Used EV sales spike alongside gas prices

    The market for new cars has slumped as Americans look for deals on used EVs.

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    Ars Technica (arstechnica.com)

    M 1 Reply Last reply
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    • throws_lemy@reddthat.comT throws_lemy@reddthat.com
      This post did not contain any content.
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      Used EV sales spike alongside gas prices

      The market for new cars has slumped as Americans look for deals on used EVs.

      favicon

      Ars Technica (arstechnica.com)

      M This user is from outside of this forum
      M This user is from outside of this forum
      manxu@piefed.social
      wrote last edited by
      #2

      The high gas prices may have added fuel to the fire, but the best news here is that used EVs are growing in popularity. That is a consequence of us finding out batteries don't degrade as fast as we first imagined, which makes used EVs a lot more interesting.

      In the short term, that kills the market for new EVs, since used ones were so dirt cheap. In the long run, the resale value of new EVs will be much more stable, eliminating the last downside they had.

      (Obviously, many car makers saw the short term pain and gave up on the entire market. That is of course because car maker CEOs are absolutely brilliant people with foresight and strategic thinking. Just kidding: they occupy the only category of jobs that should absolutely be replaced by AI.)

      captain_aggravated@sh.itjust.worksC 1 Reply Last reply
      0
      • M manxu@piefed.social

        The high gas prices may have added fuel to the fire, but the best news here is that used EVs are growing in popularity. That is a consequence of us finding out batteries don't degrade as fast as we first imagined, which makes used EVs a lot more interesting.

        In the short term, that kills the market for new EVs, since used ones were so dirt cheap. In the long run, the resale value of new EVs will be much more stable, eliminating the last downside they had.

        (Obviously, many car makers saw the short term pain and gave up on the entire market. That is of course because car maker CEOs are absolutely brilliant people with foresight and strategic thinking. Just kidding: they occupy the only category of jobs that should absolutely be replaced by AI.)

        captain_aggravated@sh.itjust.worksC This user is from outside of this forum
        captain_aggravated@sh.itjust.worksC This user is from outside of this forum
        captain_aggravated@sh.itjust.works
        wrote last edited by
        #3

        I think there's also a problem with the kinds of EVs everyone tried to sell.

        Tesla has seen legitimate success in making EVs a desirable luxury item. The Prius became something of a fashion statement among kale chip eating Californians in the 2000s because of its alleged economy, but it was still an economy car. It wasn't that nice or luxurious. Tesla made cars people wanted to drive and be seen driving, with an all-electric powertrain.

        Pretty much everyone tried to copy that business model, making excessively fast luxury sport sedanover blobs with price tags that make car shoppers start muttering the word "depreciation."

        Meanwhile, EVs tend to be the breeding ground for shit features everybody hates, like touch screen HVAC controls. Nobody wants to make a normal car that happens to be electric, which is what a lot of the buying public wants, but can't find.

        J 1 Reply Last reply
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        • captain_aggravated@sh.itjust.worksC captain_aggravated@sh.itjust.works

          I think there's also a problem with the kinds of EVs everyone tried to sell.

          Tesla has seen legitimate success in making EVs a desirable luxury item. The Prius became something of a fashion statement among kale chip eating Californians in the 2000s because of its alleged economy, but it was still an economy car. It wasn't that nice or luxurious. Tesla made cars people wanted to drive and be seen driving, with an all-electric powertrain.

          Pretty much everyone tried to copy that business model, making excessively fast luxury sport sedanover blobs with price tags that make car shoppers start muttering the word "depreciation."

          Meanwhile, EVs tend to be the breeding ground for shit features everybody hates, like touch screen HVAC controls. Nobody wants to make a normal car that happens to be electric, which is what a lot of the buying public wants, but can't find.

          J This user is from outside of this forum
          J This user is from outside of this forum
          jj4211@lemmy.world
          wrote last edited by
          #4

          Don't forget the obsession with having any way to open a door except a boring normal way.

          I'm really really hoping EVs get over the Tesla envy and just make sensible cars with EV drivetrains.

          It's probably a wildly unpopular idea, but I personally would love a Miata with an H shaped battery pack to let the passengers ride low in the car at the expense of some range, with the traditional driveshaft tunnel becoming battery.

          But failing that, straightforward door opening, actual buttons and knobs for HVAC and volume, and a reasonable expectation of serviceable battery pack over time and I'm totally there for it.

          Z 1 Reply Last reply
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          • J jj4211@lemmy.world

            Don't forget the obsession with having any way to open a door except a boring normal way.

            I'm really really hoping EVs get over the Tesla envy and just make sensible cars with EV drivetrains.

            It's probably a wildly unpopular idea, but I personally would love a Miata with an H shaped battery pack to let the passengers ride low in the car at the expense of some range, with the traditional driveshaft tunnel becoming battery.

            But failing that, straightforward door opening, actual buttons and knobs for HVAC and volume, and a reasonable expectation of serviceable battery pack over time and I'm totally there for it.

            Z This user is from outside of this forum
            Z This user is from outside of this forum
            zink@programming.dev
            wrote last edited by
            #5

            That miata concept sounds fun. But would it be more fun than one that has revs and gears, even though it would be way faster?

            Honestly the ideal in my case might be like 2500lbs and 300hp but only like 100 miles of range to keep the battery size down. But I don't think that's gonna happen.

            J 1 Reply Last reply
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            • Z zink@programming.dev

              That miata concept sounds fun. But would it be more fun than one that has revs and gears, even though it would be way faster?

              Honestly the ideal in my case might be like 2500lbs and 300hp but only like 100 miles of range to keep the battery size down. But I don't think that's gonna happen.

              J This user is from outside of this forum
              J This user is from outside of this forum
              jet@hackertalks.com
              wrote last edited by jet@hackertalks.com
              #6

              Link Preview Image
              Changan Lumin - Wikipedia

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              (en.wikipedia.org)

              It exists (50 hp though). I drove it yesterday

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