Agreed if they figure out a way to recycle the batteries economically it will help sustain the used EV market. Otherwise if those millions of used EVs can't be sustained, the used market will crash bigly.MaxPower said:
I'd say the older EV market is just immature. There are very few EVs that are 8+ years old. If I were purchasing a used vehicle in that age or price range I'd go ICE. That said, I wouldn't worry much about purchasing new now because of resale market in 8 or 10 years. There will be millions of older EVs by then. The after market will mature and companies like Tesla will see increasing value in providing refurbishment or cheaper battery replacements as time moves on. I could also see them simply gobbling up older EVs to essentially recycle them once they hit a certain price point. The raw materials in an EV are more valuable than in an ICE.
Trump will fix it.