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Great if you can afford them.
FYI: Most Australians drive used cars, it'll be ~10 years before we start to see used BYD's and such falling into the hands of the working class.
Maybe your politicians should do something about it then. I have no idea how australian import of cars work. But in Denmark there is, at standard 175% taxes on a car. They removed this for electric vhicles which made them explode. The infrastructure of charging was suddenly a good business. And over a span of 6 years electrics now is the majority of cars on the roads.
We no longer have any extra tariffs on Cars, as the Australian auto industry is long gone there is nothing to protect.
Is this true? The luxury car tax was bought in to protect our auto industry, I thought that was still a thing even though our auto industry is long dead
Damn.
A ten year-old electric will have it's battery completely worn out. That's why EVs devalue and essentially end up a junk faster than conventional ICEs.
My EV is 5 years old now. Currently there is no noticeable difference in the battery capacity. The battery is warranted to be replaced if less than 90% capacity before 10 years.
In another 5 years if I've lost ~30km of range it will still be barely noticeable. Even as low as 50% wouldn't effect my daily usage, I would just have to plug it in more often.
Now I'm a pretty chill driver, and charge using the 10amp "travel" charger and have only used a fast charger about 12 times, so pretty good for battery life. You can't know how someone has driven a car and if they've thrashed it the battery could be in much worse condition. But the same can be said for ICE, and to be fair replacing an engine is much cheaper than batteries; though I've not looked into pricing as I have no need yet.
The electric model cost $10,000 more than the petrol model and I've just hit 100,000km. So far I've saved $10,000-$12,000 in petrol costs (after electricity costs) compared of my old hybrid. The further you travel the more significant the savings are compared to petrol, even moreso if you can charge off of solar/solar+ home battery. The less you travel the less the battery will degrade.
So replacing a battery at 10 years at a minimum would break even with an ice vehicle over that time, much more likely is you'll still have saved more money.
I don't know if there is a way to find out how much a car battery has degraded, or how reliable it would be. I think that would help ease some anxiety about buying a used EV at least a little if you can see the battery is still +90% capacity.
I thoroughly agree it would be a massive kick in the teeth to buy a used one only to find the capacity is shot and needs to be replaced.
Really depends on usage. And the main problem here is that not all manufacturers will support a model after 10 years.