[Solvitieg]

The elephant in the room is that the depreciation curve on EVs is still not comparable to gas vehicles

And it's all because of the consumable nature of batteries. Consumers don't buy used phones for the same reason

The ship of theseus doesn't really work for EVs (yet)

[rootusrootus]

That doesn't appear correct to me. Compliance EVs always had horrid depreciation curves. That was because they were compliance cars. But even then, the Bolt has actually held value pretty well, especially recently. Tesla held value really well right up until Tesla started cutting the prices of the new ones. The same thing happens to ICEVs if you cut the price of the comparable new model.

You want to see depreciation? Go look at an Audi. The phenomenon probably has more to do with market position than technology. More expensive cars typically depreciate faster unless they are supply constrained.

> Consumers don't buy used phones for the same reason

Ah, you sound like an Android user ;-). iPhones have pretty good resale value.