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posted by Fnord666 on Tuesday July 09 2019, @07:55AM   Printer-friendly
from the electrifying-news dept.

Speculating about the next years, Fred Lambert writes that once there are good all-electric options across the car market internal combustion engines will be as good as dead.

Before 2025, there's going to be a point where there's not going to be a single car buyer in their right mind who's going to want to buy a new gasoline car. Not a single one. Because they're going to look at the market, they're going to look at what's out there, and all the different electric car models that are out there now. By that point, by 2025, there's going to be dozens and dozens of more EV models than what's available today. And attractive ones!

It's going to be hard for someone to justify buying a gas-powered car at that point, because they're going to think about the resale value of it.

I think the resale value of gasoline cars is going to drop massively in the next five years, and predicted value is going to drop even more drastically. Buying a gasoline car right now is a bad choice. Buying a gasoline car within the next five years is going to be just a financial suicide for most people.

Earlier on SN:
Every Electric Vehicle on Sale in the US for 2019 and Its Range (2019)
Australian Plan to Ban Petrol and Diesel Cars (2019)
Have We Reached Peak Car? (2018)


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  • (Score: 3, Insightful) by DutchUncle on Tuesday July 09 2019, @01:33PM

    by DutchUncle (5370) on Tuesday July 09 2019, @01:33PM (#864973)

    "use case or two" - I grew up in NYC, high population density, and assumed that subways would serve everyone. In college I met a rural person who lived 2 miles from the road and another 3 miles to the PAVED road. There is no one solution that will cover every situation. The rapid refueling ability of gasoline/diesel is a serious advantage for long-distance travel, and there are a lot of big places where people do long-distance travel, even if you personally don't live there and aren't familiar with living that way.

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