Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

There are now three Mustang EVs in the building.  One has Florida tags, but has been here a few weeks at least.  I think they look "OK", but the "Mustang" parts are of course a charade, to me.  I prefer the cleaner lines of the Chevy, but I tend to like Chevys more than Fords anyway.



2025 Chevrolet Equinox EV Review, Pricing, and Specs

"theirs's"

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In social, and some news, media, the two pronged story is either:

1.  EV sales are slowing down because "nobody wants one", or
2.  EV sales set new records and will be X% of new car sales WW by 2030.

Both of course are partly correct, and partly wrong.  I wonder why CA needs this mandate if EVs really are going to take over the market.  Just let the people decide and have a choice.  At some point, they will need tax money for highways from something other than gasoline.

And of course we read about new battery breakthroughs almost weekly, so I'd guess some of "us" expect to wait until it's nearly perfected, which sounds reasonable to me.

In social, and some news, media, the two pronged story is either:

1.  EV sales are slowing down because "nobody wants one", or
2.  EV sales set new records and will be X% of new car sales WW by 2030.

Both of course are partly correct, and partly wrong.

Yeah, I think it's all silly. As far as I can tell, EV sales are growing, but the growth rate of EV sales is declining. 

The bigger issue for the auto market is that they were doing product planning based on an expectation of the higher growth rate, and to an extent that means the EV market is in a state of oversupply. 

Which doesn't mean they built "too many EVs", it's that they built "too many EVs to sell at financially sustainable prices". Cut the prices, and I am certain they'd have very little trouble selling them. 

And of course we read about new battery breakthroughs almost weekly, so I'd guess some of "us" expect to wait until it's nearly perfected, which sounds reasonable to me.

As I've said, this is one of my concerns. Granted, I don't have to put my money where my mouth is on it as I'm hoping not to be in the vehicle market before 2027 at the earliest--and may just keep driving my trusty Flex well beyond that if I can. 

But the problem with these promises of tremendous battery advances is that tremendous battery advances basically do one important thing: start moving new EVs down-market to lower price points, and starts allowing luxury EVs to sell on par with ICEV prices instead of for a $10K+ adder. 

But that means that EV resale value might take a major hit, as gently used EVs will have to be even more deeply discounted if a new EV with these battery advances is a lot lower in price than it would have been 2-4 years previous, which is when the used EV is being sold. 

Of course, for someone who prefers to buy used--that can be a boon. However, there's also a bit of FUD about buying a used EV because you don't necessarily know how the previous owner treated the battery. If they were constantly charging all the way to 100% on a DC fast charger, it's a lot different for battery health than if they almost never went beyond 80% on a home L2 charger--or so I understand, anyway...