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Some would argue this is not a use case...but my use case is that I don't want to buy a new car every 5yrs (or pay a fortune to replace the batteries).

I have a 2005 Honda that's still running great, I plan to keep driving it a long time. I just got a 2021 Honda (ICE) as the family car, I expect to keep driving that one just as long.

I want to see longevity in EVs before I make the switch. Or they need to be significantly less expensive.

1 comments

Depending on your locale, EV batteries last about 8-15 years[1], not five. EVs are cheaper to maintain and run than ICEs[2]. I think right now, it's a toss-up which will come out cheaper after 20 years when including a battery replacement. But EV components will only go down in price as we massively scale up manufacturing, so I expect EVs will be the clear price winner within the next 5-10 years, which is about when you'd maybe start thinking about replacing the battery if you purchased an EV today.

[1] https://www.edmunds.com/electric-car/articles/electric-car-b...

[2] EV maintenance costs are about 60% of ICE https://www.energy.gov/eere/vehicles/articles/fotw-1190-june...

and fueling costs are about 50% of ICE https://www.caranddriver.com/shopping-advice/a32494027/ev-vs...