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You’ll be spending $10K every 7-10 years replacing the battery
They already last reliably more than ten years and should keep improving.
but you won’t replace the vehicle itself.
Why not? I just replaced my 7 year old vehicle with an EV. When I drove it again, it was really noticeable how the seats were worn, suspension loosened up, the rattles and squeaks, the dings and mars. The rest of the car ages too, plus technology keeps improving, so why would you expect people to keep EVs longer than they currently keep their vehicle?
They already last reliably more than ten years and should keep improving.
Why not? I just replaced my 7 year old vehicle with an EV. When I drove it again, it was really noticeable how the seats were worn, suspension loosened up, the rattles and squeaks, the dings and mars. The rest of the car ages too, plus technology keeps improving, so why would you expect people to keep EVs longer than they currently keep their vehicle?