With all the talk of serious EV fires and 'unserious' petrol fires. Can I just chip in that if any fire serious or not occurs in my vicinity, you'll not find me for dust. So in that regard exactly what is the difference?
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Fire concerns are just another chapter in the anti-EV brigade resistance story.
Possibly some substance to it, possibly not - the comparative incidence and consequences of fire by fuel type are unclear - they may be impacted by age of vehicle, etc.
It follows similar anti-EV rhetoric over the last few years - eg:
- batteries fail after a few years (they don't),
- range anxiety (now less of an issue with fast charging),
- affordability (now close or similar to ICE),
- charging network (now 3 times more public points in last 3 years
- etc etc.
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- batteries fail after a few years (they don't),
- range anxiety (now less of an issue with fast charging),
- affordability (now close or similar to ICE),
- charging network (now 3 times more public points in last 3 years
- etc etc.
Terry you have missed colossal depreciation from your list and reluctance of dealers to take EVs in part exchange !
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‘ Terry you have missed colossal depreciation from your list and reluctance of dealers to take EVs in part exchange !’
I’d love to know where you get your information from, as industry data says that used EV’s are flying off the shelf.
They sell more quickly than ICE’s, according to Autotrader.
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- batteries fail after a few years (they don't),
- range anxiety (now less of an issue with fast charging),
- affordability (now close or similar to ICE),
- charging network (now 3 times more public points in last 3 years
- etc etc.
Terry you have missed colossal depreciation from your list and reluctance of dealers to take EVs in part exchange !
The colossal depreciation will stop once people understand that batteries don't actually fail after a few years.
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The impact of an ICE car fire is mainly limited to the car itself being ruined and mostly low level damage to the road underneath, with occasionally more costs if the vehicle is in an underground car park or right next to a property with significant wooden structure.
One EV in an underground car park could easily start off a chain reaction in all the others in short order (see the Luton fire) which destroys all the vehicles and the building - and may risk many lives of people inside. The difference in magnitude of a potential EV via vs an ICE one and the consequences to life and property is enormous.
Another nonsense claim, as demonstrated by the Luton Airport car park fire in October 2023. It was said on social media to be started by an EV and is regularly cited as "evidence" against EVs. This persists despite Bedfordshire Fire and Rescue Service stating categorically that the vehicle involved was diesel-powered – it was not a mild hybrid, plug-in hybrid or electric vehicle. They knew this because the owner said they were driving the vehicle when fire started in the engine bay and they had attempted to fight the fire until the vehicle became overrun with flames and spread to other parked vehicles.
No doubt we will shortly be told that social media are never wrong and the fire service were ordered to lie by the government in support of its relentless push towards a green economy. Hence, there is no point in similarly refuting the rest of the nonsense in the thread's most recent anti-EV diatribe.
Edited by misar on 18/05/2025 at 21:34
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The impact of an ICE car fire is mainly limited to the car itself being ruined and mostly low level damage to the road underneath, with occasionally more costs if the vehicle is in an underground car park or right next to a property with significant wooden structure.
One EV in an underground car park could easily start off a chain reaction in all the others in short order (see the Luton fire) which destroys all the vehicles and the building - and may risk many lives of people inside. The difference in magnitude of a potential EV via vs an ICE one and the consequences to life and property is enormous.
Another nonsense claim, as demonstrated by the Luton Airport car park fire in October 2023. It was said on social media to be started by an EV and is regularly cited as "evidence" against EVs. This persists despite Bedfordshire Fire and Rescue Service stating categorically that the vehicle involved was diesel-powered – it was not a mild hybrid, plug-in hybrid or electric vehicle. They knew this because the owner said they were driving the vehicle when fire started in the engine bay and they had attempted to fight the fire until the vehicle became overrun with flames and spread to other parked vehicles.
They were 'driving' the vehicle, and yet it was videoed parked up nicely in the space for a good amount of time as the fire took hold. Are you seriously saying the driver, on seeing their car caught fire, graciously parked it in between two other vehicles rather than left it where it was - likely in the open roadway part, away from other vehicles so they all didn't catch fire?
Given the authorities are not exactly renowned these days for truth-telling, I am not inclined to believe them. And besides, there must've been EVs in that car park, which may well have been the reason the whole place went up and couldn't be put out. Diesel-engined cars should be able to have their fires extinguished by the fire brigade, especially at an airport with extensive fire-fighting capabilities.
And yet, they didn't and the whole place burned down in short order. Hmmmm.
No doubt we will shortly be told that social media are never wrong and the fire service were ordered to lie by the government in support of its relentless push towards a green economy. Hence, there is no point in similarly refuting the rest of the nonsense in the thread's most recent anti-EV diatribe.
And you come back every time saying you MUST believe 100% whatever the authorities say, because it's all nicely tied up in a bow of an 'official report', conveniently forgetting they are also effectively investigating their own response to the blaze, which is like asking you to mark your own proverbial homework.
When I see a truly independent report made by proven experts in the field who have nothing to gain by coming down on one side or the other (and that includes 'funding', etc), then I'll believe it.
Oh, and BTW, Youtuber Scottish Car Clan has recently reported on a blaze at Edingburgh Airport involving a hybrid Jazz Crosstar (Li-Ion battery for part motive power),
youtu.be/RkhiXDynfo4?si=fkhuC1g8isLrGNO-
He rightly makes the point that many modern cars are hybrids that have very complex electronics and electrical systems, and even though they have much smaller 'EV-type' battery packs, the extra complexity could well more than make up for it in terms of risk profile for fires.
It wasn't so bad when Toyota/Lexus were designing their HEVs because they:
a) weren't rushing the process to beat any ridiculous government targets and thus had sufficient time to make them very reliable (as proven by them perennially topping the reliability charts with the Prius and others of that type);
b) they used NiMh in their earlier cars and only changed to Li-Ion when presumably they were confident they had got it right, and;
c) those cars were not PHEVs, with only recent models being sometimes of that types, giving them far more R&D time.
Now it is true that Honda had sort-of gone a similar route, though they had far less sales of their HEV cars, then quickly switched from their tried and tested Vtec engines to turbo petrols (seemingly aping VAG like Ford did with their Ecoboost engines) and now starting to come back to hybrids again after experiencing lots of reliability issues with their turbo-petrols and the enforced changes via government.
I think that hybrids, especially those that have Li-Ion battery packs and particularly those that were developed on very rapid R&D timescales to 'beat' the government sales mandates should be included in the 'EV fires' group because they have their own unique problems that could come to light (pardon the pun) as they age and get passed down the ladder and maintenance is reduced and/or of not such good quality.
This ties in with my earlier contention about the 'validity' of the EV risk of fires being 'far lower' than ICE vehicles, because I seriously doubt if it takes into account age and precisely those 'half-way-house' vehicles that are not really pure ICE. Either they get lumped in with EVs or they get separated, but the age of the car issue still pervades, because of the reasons I previously stated.
I am not doing this for ideological reasons, but for practical ones precisely because those on the 'other side' are trying to justify ideological decisions that have little (if any) basis in fact or logic. There have been so many examples of why the rapid (and seemingly blind) move to pure electric (on many fronts) is unwise, and yet, we have many who put themselves forward as either 'experts' or 'very knowledgeable' in science, engineering, economics, etc who seemingly are completely blind to such red flags staring you in the face.
I can only conclude that they are either not as expert as they believe they are, or are deliberately going in the direction they are because for various reasons, it materially benefits them and their egos will never admit they were wrong, because a sizeable portion of their fundamental beliefs, whether professionally and/or ideologically, would be destroyed by such an admission.
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- batteries fail after a few years (they don't),
- range anxiety (now less of an issue with fast charging),
- affordability (now close or similar to ICE),
- charging network (now 3 times more public points in last 3 years
- etc etc.
Terry you have missed colossal depreciation from your list and reluctance of dealers to take EVs in part exchange !
The colossal depreciation will stop once people understand that batteries don't actually fail after a few years.
Actually it won't, because the batteries WILL eventually fail, and thus the last buyer of that car will essentially have an unusable vehicle, thus they MUST pay peanuts to buy it with such a high risk of terminal failure, because they won't be able to afford to purchase a new or reconditioned battery pack. But then the previous owner would not likely be able either, and so it goes on until someone CAN afford that cost.
That big chunk of risk will always go up the chain via depreciation, as will the increased risk of battery fire because of the car's age and the reducing amount owners can / are willing to spend on maintenance. No new owner wants to be the one to 'bare the cost' of the high risk of a battery failure, so they put in a much lower asking price when they buy it.
This is the reason why most home electronics - TVs, HiFis, washing machines, etc, have very high depreciation these days, because they too have a lot of complex electronics and one failure can easily cost as much (or more) than the purchase price of a replacement product as a whole.
Either you spend and increasing amount in some kind of extended warranty / insurance (which often doesn't cover many sub-components as they age), often far more than just buying new and replacing when it breaks, or you offer very low values if you buy second hand.
That older equipment (cars will be included in this too once they get over 10-15 years old or the original manufacturers go out of business [which could be increasingly true in the car industry]) often is nigh on impossible to repair due to a lack of available (and good quality) spares or at a reasonable price means their book value is near zero even before something goes wrong.
At least with less complex pure ICE cars, the tech was mostly mature and the chances of something going wrong that would lead to the car getting sc***ed before structurally failing was actually very small, because most points of failure were relatively generic and replaceable at a reasonable cost. That is why they currently hold sky-high residuals compared to EVs.
Only if the batteries, electric motors, etc are cheap as chips (no, not those) and can be fitted as easily as mechanical components and mobile phone batteries, then EV depreciation will level off.
Similarly with insurance, which will also be linked to hopefully significantly reducing the cause of and consequences of Li-Ion type (or similar) battery fires, which also feeds into higher depreciation, as does range, although that is improving.
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And the difference between that scenario and an ICE vehicle with a knackered engine is what exactly?
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And the difference between that scenario and an ICE vehicle with a knackered engine is what exactly?
The differences are:
1. More often than not, ICE engine issues present themselves over a longer period than electrical ones, thus giving the user more warning before something fails in a big way, saving on the cost of repair. Visual and auditory signs like smoky exhausts, rattles, leaking oil, etc are good examples and can be like that for days, maybe even weeks.
Electrical devices tend to give you a few seconds (minutes at most) of warning via a noise or burning smell before failing, sometimes no warning at all.
2. Second hand (i.e. from sc***ped cars) components can be sourced for 'ordinary' (ICE) cars from sc*** dealers for a fraction of the cost of a brand new replacement - engines included. This can reduce the cost of keeping an old car on the road and make it financially viable to do so when the rest of the car is still in good condition for its age.
With electrical items, it is more difficult to assess the remaining lifespan of the component, plus at the moment there just aren't many 'spares' of this nature for EVs around because, well, there's not many been sc***ped yet due to most being well under 5 years old, and not being sold in anywhere near the numbers ICE cars have been.
Sure, this may change over time as more EVs are bough, used, and sc***ped. Because they are electrical components, extra money would need to be spent to look after them to avoid physical and water/dirt/dust ingress, which would likely up the cost somewhat.
This is often why new spares for home electronics cost so much and are often a deterrent to buying older products on the likes of ebay.
More often than not, people buy 'unused' / low used 'standalone' items (e.g. remote controls, memory modules, graphics cards, etc) where the seller states their likely condition (because they owned/used them beforehand) and you mostly can reasonably tell that when viewing their photos and inspecting it after purchase.
I doubt if a sc*** merchant would be able to do that for EV components, though there might be an opening for new businesses to specialise in this...at a price to buyers.
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By the time a typical ICE car (eg: Focus, Astra, Skoda etc) gets to 12+ years old with more that (say) 150k on the clock almost any non trivial failure will render it a write off.
Engines and gearboxes fail. Electrical faults and ECUs can cost more to identify and fix than the car is worth. An MOT failure for a bit of corrosion + (say) emissions + (say) steering components can cost north of £1-2k and make the car an economic write off.
It is entirely plausible that EVs will ultimately be a much better bet than ICE - less mechanical complexity being a major factor. We won't really know for another 10 years when EVs currently being sold start to approach the end of life in large numbers.
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By the time a typical ICE car (eg: Focus, Astra, Skoda etc) gets to 12+ years old with more that (say) 150k on the clock almost any non trivial failure will render it a write off.
A write-off, probably, but mainly because that vehicle will have reached a fairly low resale value. That doesn't mean that it cannot be cheaply repaired. SWMBO's Pug 207SW has now been written off in 2016 after a minor collision, and again this year after another driver reversed gently into a rear door. After both write-offs we had the car repaired locally, which after insurance payouts cost us £240 on the first occasion, and exactly zero on the second.
I don't suppose we really know yet, but it seems possible that an EV might be written off at a higher resale value, even though it has many fewer mechanical parts than an ICE car ? Depending on the damage, of course.
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By the time a typical ICE car (eg: Focus, Astra, Skoda etc) gets to 12+ years old with more that (say) 150k on the clock almost any non trivial failure will render it a write off.
Engines and gearboxes fail. Electrical faults and ECUs can cost more to identify and fix than the car is worth. An MOT failure for a bit of corrosion + (say) emissions + (say) steering components can cost north of £1-2k and make the car an economic write off.
It is entirely plausible that EVs will ultimately be a much better bet than ICE - less mechanical complexity being a major factor. We won't really know for another 10 years when EVs currently being sold start to approach the end of life in large numbers.
Yes, ICE parts (fitted cost) can cost more than an old car is worth, but they still cost a darn sight less than a complete EV battery pack replacement for most of those.
I spent £1700 on replacing the exhaust manifold and attached lambda sensor (it had failed and couldn't be removed) on my then 18yo Mazda3, which was worth a lot less, but it was still far cheaper and less risky than replacing the car entirely with one I didn't know 100% its history and ever inch.
The problem with EVs, particularly those with larger packs from the late 2010s onwards is that they cost a fortune to replace - many in the £00ks range. I could get a brand new set of car parts for that and have enough spare change to buy at least another, never mind if I sourced reconditioned ones or used (but in reasonably condition) from a reputable sc*** merchant.
I'm not personally convinced that the price of battery packs will fall anywhere near as much as some think, mainly because the rare Earth elements are exactly that - rare, and in demand for many electronic devices these days, with those nations who do have the raw materials likely to jack up the price as demand increase further as the EV sales mandates go up each year over the coming decade, plus original packs need replacing.
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Just two remarks. One, rare earths are not actually rare. Two, recharegeable batteries don't contain rare earths.
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The problem with EVs, particularly those with larger packs from the late 2010s onwards is that they cost a fortune to replace - many in the £00ks range. I could get a brand new set of car parts for that and have enough spare change to buy at least another, never mind if I sourced reconditioned ones or used (but in reasonably condition) from a reputable sc*** merchant.
Early adopters - cars (and most other products) - often pay a premium price. Looking backwards at the cost of replacing a battery on a (say) 10 year old EV is futile.
In 2015 sales of EVs in the UK were 28k. In 2024 they were 382k. In 5 years time they will be ~1.5m.
Low volumes and design evolution inevitably make replacement of 10 year old batteries both expensive and questionable. This is unlikely to be reflective of future costs with designs more stable, costs materially reduced, and volumes 50 times higher.
I'm not personally convinced that the price of battery packs will fall anywhere near as much as some think, mainly because the rare Earth elements are exactly that - rare, and in demand for many electronic devices these days, with those nations who do have the raw materials likely to jack up the price as demand increase further as the EV sales mandates go up each year over the coming decade, plus original packs need replacing.
Future trends in battery prices is speculation, although the cost of EV batteries is estimated to have fallen by ~75% since 2015. The cost per KWH is now estimated £80-100 making a battery pack for a modest vehicle ~£3-4k. Not dissimilar to an engine or gearbox failure.
More important is the failure rate.
Battery degradation is currently running at ~2% pa meaning that after 15 years the typical EV will still have ~70% of original capacity (entirely usable). It is likely that other factors and low values may sc*** a vehicle around this age.
Complete battery failure seems to be rare. Increased EV sales will anyway mean increased s/h spares which (as with ICE) will be a route to lower cost vehicle maintenance. Battery repair (as with ICE engine reconditioning) is likely to become more common.
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"The problem with EVs, particularly those with larger packs from the late 2010s onwards is that they cost a fortune to replace..."
For some time it has been possible to replace only the faulty cells that may make the battery appear to fail, in some EVs at least, at much less cost than a new battery.
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"The problem with EVs, particularly those with larger packs from the late 2010s onwards is that they cost a fortune to replace..."
For some time it has been possible to replace only the faulty cells that may make the battery appear to fail, in some EVs at least, at much less cost than a new battery.
Yes, that's fine for more well-off owners when the car is much newer, but as it ages, each new owner will likely not be able or willing to spend even lower amounts on replacement cells, including because of the higher cost per replacement due to economies of scale to replace many or them all.
What will likely happen is that some subsequent owners will accept reductions in range due to a combination of all the cells losing capacity and one or two occasionally not working at all. BUT, they will factor that into the price they are prepared to pay for the car.
There will be some who pays out for replacements once the battery warranty has ended, but I suspect that will be a small number of owners because of the high cost of doing so.
As I indicated before, it is far more difficult to ascertain accurately the remaining lifespan of electrical components than with mechanical ones, which more often than not give far more of a warning to the user that it's on the way out, thus avoiding extra costs associated with sudden catastrophic failures.
The problem also is that the market is deliberately being distorted via taxpayer subsidies and cross-subsidies from car manufacturers, which means EVs are being sold new often at a loss, and then are being sold second hand at far lower prices than equivalent ICE cars because they just aren't popular amongst private buyers, for the reasons previously discussed.
There's just too many unknowns and risks involved in buying them as they age for people to sink a lot of money into buying them, only to find they are essentially sc*** because certain parts fail or the range drops below a certain threshold because of age-degraded and/or failed batteries.
Add to that the ongoing concerns from insurers (none of which have been addressed) about the effects of battery fires on people and buildings, and problems sourcing battery raw materials, and you've got practically no market for older EVs because of how high they depreciate.
I'm not saying that many of the hybrid cars (apart from perhaps early adopters like Toyota/Lexus) are that much better, because of their complexity and (like with EVs) shortened R&D periods leading to lots of ongoing niggly electrical and software faults mean that many them will probably get sc***ped because they are uneconomic to repair as they age, despite being structurally sound.
At least with 'pure' ICE cars, you know what you need to worry about - rust and age/usage-related parts replacements, which are relatively known timescales because they can be inspected relatively cheaply compared to complex electrical and software systems.
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Yes, that's fine for more well-off owners when the car is much newer, but as it ages, each new owner will likely not be able or willing to spend even lower amounts on replacement cells, including because of the higher cost per replacement due to economies of scale to replace many or them all.
In a few years time economies of scale will favour EV. Who will want to manufacture and stock parts for ICE vehicles that are becoming obsolete in a declining market?
What will likely happen is that some subsequent owners will accept reductions in range due to a combination of all the cells losing capacity and one or two occasionally not working at all. BUT, they will factor that into the price they are prepared to pay for the car.
The average UK annual mileage is ~7,500 (150 per week). Suggests local usage - shopping, school, job etc - is principal use. A modest EV purchased with a (say) 200 mile range will need charging once or twice per week - hardly catastrophic.
Less than 5% of vehicles are driven more than 15,000 miles pa - users may need to buy newer with longer range. Mileage and age are also major determinants in the price of s/h ICE - so what is different?
There will be some who pays out for replacements once the battery warranty has ended, but I suspect that will be a small number of owners because of the high cost of doing so.
As I indicated before, it is far more difficult to ascertain accurately the remaining lifespan of electrical components than with mechanical ones, which more often than not give far more of a warning to the user that it's on the way out, thus avoiding extra costs associated with sudden catastrophic failures.
Evidence - battery failure rates, battery degradation necessitating replacement, future cost of replacements given the large fall in battery costs over the last decade, impact of increasing production volumes etc.
The problem also is that the market is deliberately being distorted via taxpayer subsidies and cross-subsidies from car manufacturers, which means EVs are being sold new often at a loss, and then are being sold second hand at far lower prices than equivalent ICE cars because they just aren't popular amongst private buyers, for the reasons previously discussed.
Evidence. Difficult to make direct comparison as most EVs are new designs competing against older model ICE. Where there is a very direct comparison - eg: Vauxhall Corsa - electric is £1-2k more new and around £1k s/h.
Pricing is up to the manufacturer which I assume relates to stock levels, production capacity, marketing strategy etc. If they are subsidising EV it cannot last indefinitely!
Government subsidies were used to kickstart the EV market but likely to disappear over the next few years as EV sales increase - no further need. I think they were right to do so as reliance on fossil fuels is ultimately a strategy for failure - you may think otherwise.
There's just too many unknowns and risks involved in buying them as they age for people to sink a lot of money into buying them, only to find they are essentially sc*** because certain parts fail or the range drops below a certain threshold because of age-degraded and/or failed batteries.
Most sales are PCP and lease - it is the finance companies which have had problems, not the users. Personally I would not buy an EV - the risks are too high, but would happily lease/PCP knowing that after 2-4 years I hand it back.
Add to that the ongoing concerns from insurers (none of which have been addressed) about the effects of battery fires on people and buildings, and problems sourcing battery raw materials, and you've got practically no market for older EVs because of how high they depreciate.
Older EVs were sold in low volumes and with unproven and often now superseded technology. Look forward and not backwards.
The number of 2017-2021 (s/h) EVs on Autotrader represent 6% of cars for sale, and hybrids 15%. In 5 years time the number of s/h EV/hybrids in the 2021-2025 period will account for ~50% of the s/h market. The market will find a price at which they will sell!
At least with 'pure' ICE cars, you know what you need to worry about - rust and age/usage-related parts replacements, which are relatively known timescales because they can be inspected relatively cheaply compared to complex electrical and software systems.
Familiarity breeds contempt! ICE have frequent multiple failure points as they age - catalysts, sensors, head gaskets, burnt valves, oil leaks, water pumps, bearings, clutch etc. Failures can be either sudden or gradual. Many will write of older cars as uneconomic.
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Yes, that's fine for more well-off owners when the car is much newer, but as it ages, each new owner will likely not be able or willing to spend even lower amounts on replacement cells, including because of the higher cost per replacement due to economies of scale to replace many or them all.
In a few years time economies of scale will favour EV. Who will want to manufacture and stock parts for ICE vehicles that are becoming obsolete in a declining market?
Only if the cross subsidies keep going up. And not if the depreciation is still so marked. As I've said time and again, I'm not anti-Ev, but against the forced rapid adoption of the tech before it is ready and wanted and because it's been done for ideological reasons and not for anything properly scientific or economic.
What will likely happen is that some subsequent owners will accept reductions in range due to a combination of all the cells losing capacity and one or two occasionally not working at all. BUT, they will factor that into the price they are prepared to pay for the car.
The average UK annual mileage is ~7,500 (150 per week). Suggests local usage - shopping, school, job etc - is principal use. A modest EV purchased with a (say) 200 mile range will need charging once or twice per week - hardly catastrophic.
Less than 5% of vehicles are driven more than 15,000 miles pa - users may need to buy newer with longer range. Mileage and age are also major determinants in the price of s/h ICE - so what is different?
By the time a car reaches older age, the range will be poor by default. And besides, the 'average' mileage per year isn't just made up of 'average' journeys, even for people like me who do low overall mileages. My holiday run is 300+ miles each way with regular trips there over 50 miles.
Add to that the inconvenience of having to do multiple charges (assuming they are available and work properly and are rapid - which they are more than many will admit) means you have to carefully plan longer trips.
Hardly 'stress-free' motoring, assuming the car doesn't develop an electrical or software fault that leaves you stranded, as it did with a local who blocked a main road in my town not that long ago, because they car was immovable because they couldn't get the parking brake switched off. It has to be dragged away (doing the tyres a load of good)
There will be some who pays out for replacements once the battery warranty has ended, but I suspect that will be a small number of owners because of the high cost of doing so.
As I indicated before, it is far more difficult to ascertain accurately the remaining lifespan of electrical components than with mechanical ones, which more often than not give far more of a warning to the user that it's on the way out, thus avoiding extra costs associated with sudden catastrophic failures.
Evidence - battery failure rates, battery degradation necessitating replacement, future cost of replacements given the large fall in battery costs over the last decade, impact of increasing production volumes etc.
And yet they are still vastly more expensive than most replacements in standard ICE cars (aside from perhaps the engine itself, although that can be sourced second hand). Again, the price will depend upon supply and demand, which is obviously going up as more sales are mandated, with more of the world using lithium for other things as well.
Mining can in no way keep up.
The problem also is that the market is deliberately being distorted via taxpayer subsidies and cross-subsidies from car manufacturers, which means EVs are being sold new often at a loss, and then are being sold second hand at far lower prices than equivalent ICE cars because they just aren't popular amongst private buyers, for the reasons previously discussed.
Evidence. Difficult to make direct comparison as most EVs are new designs competing against older model ICE. Where there is a very direct comparison - eg: Vauxhall Corsa - electric is £1-2k more new and around £1k s/h.
Pricing is up to the manufacturer which I assume relates to stock levels, production capacity, marketing strategy etc. If they are subsidising EV it cannot last indefinitely!
They are being forced to cross-subsidise by the sales mandates because it is cheaper to make less of a loss selling less ICE cars (because of them inflating prices) and using the 'extra' to subsidise EV sales to keep their prices down. But as you say, they can only stomach that for so long, because eventually it will prevent them investing in R&D for new tech.
Of course, because the Chinese car firms are effectively state-controlled and financed, they won't have that problem, at least until (and it will) the bubble there really bursts and the whole world economy comes to a grinding halt.
Government subsidies were used to kickstart the EV market but likely to disappear over the next few years as EV sales increase - no further need. I think they were right to do so as reliance on fossil fuels is ultimately a strategy for failure - you may think otherwise.
They did things based on biased and flawed science - often because those doing it were bank-rolled (and why would you say no to that or tell them 'you're wrong'), and way too quickly. I;ve said before the timescale should been several decades longer. Sorry to burst people's bubble, but the world isn't ending in 2032.
WE will impoverish most of it, but then that's OK, because many advocating for the changes will either be ultra rich as a result (money transfer from most to the [already] wealthy and powerful) or six feet under.
There's just too many unknowns and risks involved in buying them as they age for people to sink a lot of money into buying them, only to find they are essentially sc*** because certain parts fail or the range drops below a certain threshold because of age-degraded and/or failed batteries.
Most sales are PCP and lease - it is the finance companies which have had problems, not the users. Personally I would not buy an EV - the risks are too high, but would happily lease/PCP knowing that after 2-4 years I hand it back.
Exactly, and if they go under because they cannot refinance cars on disposal, who's going to buy the new ones, because no-one will be offering finance at vastly less advantageous rates as they have been for 10 years. This has been one of the biggest pyramid schemes of all time.
I was looking at some second hand cars on HJ today, and the depreciation of EVs is vastly more than ICE. This isn't going to be magicked away, especially with all those other issues factoring in as well, none of which have notably been put to bed by those promoting the rapid and forced changeover to EV. I wonder why that is?
Add to that the ongoing concerns from insurers (none of which have been addressed) about the effects of battery fires on people and buildings, and problems sourcing battery raw materials, and you've got practically no market for older EVs because of how high they depreciate.
Older EVs were sold in low volumes and with unproven and often now superseded technology. Look forward and not backwards.
The number of 2017-2021 (s/h) EVs on Autotrader represent 6% of cars for sale, and hybrids 15%. In 5 years time the number of s/h EV/hybrids in the 2021-2025 period will account for ~50% of the s/h market. The market will find a price at which they will sell!
There may well be lots of EVs for sale, but few buyers, meaning anyone selling one will have to accept either rock-bottom prices or writing them off entirely, even though (ironically) the car is perfectly fine to use.
This feeds into the financing problem, which soon will come to a head, when they will suddenly want - say - 50%, 100% maybe more in monthly payments to cover the extra depreciation, especially when the market gets flooded with EVs over the coming years.
A self-reinforcing problem. But hardly one that no-one saw.
At least with 'pure' ICE cars, you know what you need to worry about - rust and age/usage-related parts replacements, which are relatively known timescales because they can be inspected relatively cheaply compared to complex electrical and software systems.
Familiarity breeds contempt! ICE have frequent multiple failure points as they age - catalysts, sensors, head gaskets, burnt valves, oil leaks, water pumps, bearings, clutch etc. Failures can be either sudden or gradual. Many will write of older cars as uneconomic.
Yes, ICE cars do need some major replacements as they age. Some are written off as uneconomic to repair, but it's far easier to keep an eye on them to plan for such things and find second hand replacements at reasonable prices. Mechanical items especially are much easier to ascertain their viability than electrical ones.
And as I've said, many modern EVs battery packs cost well over £10k to replace, some well over £20k. For standard ICE cars, you'll struggle to find parts that cost that much to replace, and quite a few can be repaired or even replaced at a reasonable cost, as I did with my car.
It was far cheaper than buying another second hand ICE car, including another Mazda3 of the same age, because I'd either be paying over £2k for a dealer car, a few hundred less privately, but in both cases I doubt if I'd get a fully history, and thus who knows what might be wrong with it otherwise.
That's why many people are hanging onto their older ICE cars and getting this sort of repair done rather than shell out £10k for a 9yo ICE car (that probably cost less than £20k new) or £2k for a shot in the dark banger of the same age as mine.
I'd rather pay £1700 for a new sensor and exhaust manifold, knowing that would be warranted and the rest of car (aside from a bit of rust on the wheel arches) is sound.
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- batteries fail after a few years (they don't),
- range anxiety (now less of an issue with fast charging),
- affordability (now close or similar to ICE),
- charging network (now 3 times more public points in last 3 years
- etc etc.
Terry you have missed colossal depreciation from your list and reluctance of dealers to take EVs in part exchange !
The colossal depreciation will stop once people understand that batteries don't actually fail after a few years.
Actually it won't, because the batteries WILL eventually fail, and thus the last buyer of that car will essentially have an unusable vehicle, thus they MUST pay peanuts to buy it with such a high risk of terminal failure, because they won't be able to afford to purchase a new or reconditioned battery pack. But then the previous owner would not likely be able either, and so it goes on until someone CAN afford that cost.
In the last week I have had to "write off" a 2013 Audi A4 with 89k on the clock due to a gearbox failure and a 2011 BMW 530d with 112k due to what appears to be a bottom end failure. Both uneconomical to repair.
The last owner of those cars (which technically was me but they were px I valued accordingly) essentially had an unusable and worthless vehicle.
Plus ca change.
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That’s interesting PD but are you saying that the cars will go to the sc*** yard or bought by someone who will repair them for resale?
Many cars like you mention find their way to Eastern Europe where the drivers respect and understand the older technology, shunning the modern replacements for something that is repairable .
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This man thinks the Toyota BZ5 will be $18,000. I wish it would be, but I seriously doubt it.
Toyota's BZ5 EV - Tesla Model Y Rival revealed with price of $18,000
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I’ve also experiencing a hearty dose of scepticism, seeing as the Toyota bZ4X currently starts at $37,000 US or $66,000 AUS.
Edited by mcb100 on 21/05/2025 at 14:40
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EVs are repairable. Pop over to eBay and see EVs being parted out. Used traction battery for mine less than 3k. Which is OK but mines still going great after four years... Admittedly some parts may need to be coded to the car but that's why independent specialists will arise , one already has..EG Cleeveleys.
www cleevelyev co uk
Edited by Ethan Edwards on 21/05/2025 at 12:52
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