Do battery improvement put you off buying now?

Do battery improvement put you off buying now?

Author
Discussion

Frimley111R

Original Poster:

15,809 posts

239 months

Saturday 14th October 2023
quotequote all
I was reading in Auotcar about the next Toyota/Lexus models and the battery packs seem to be impressively slim and with their SS batteries around the corner, offering potentially huge ranges (700 miles+), is it a risk to buy now and then see your car technologically superseded by cars with much better/lighter batteries?

TheRainMaker

6,520 posts

247 months

Saturday 14th October 2023
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Not really, the stuff on the market at the moment with a real-world (not WLTP) range of 250-300 miles is workable for me.

I would never turn down the option of more range, though.

dapprman

2,422 posts

272 months

Saturday 14th October 2023
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It's the same as with any tech. The next big thing or new innovation is just round the corner so you do contemplate waiting until it comes out, at which point there is then news of the next ground breaking improvements.

SWoll

19,072 posts

263 months

Saturday 14th October 2023
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dapprman said:
It's the same as with any tech. The next big thing or new innovation is just round the corner so you do contemplate waiting until it comes out, at which point there is then news of the next ground breaking improvements.
This.

When you have cars on the market that will do 300+ miles on a charge, are able to be charged fully overnight on a standard 7kW charger and will charge at 200kW+ on a public rapid if required then I would suggest that's a lot of peoples needs covered.

The use case for someone needing 700 miles of range to a charge is niche to say the least, and unless they've worked out how to make cars hugely more efficient they must still have huge capacity?

TBH if new tech means they can offer 700 miles of range, then I'd suggest most would be happier with an EV with half the battery capacity and 350 mile range that should be considerably lighter and cheaper to buy? This endless quest for more and more range is far more beneficial to the pockets of the manufacturers than it is to 99.9% of owners IMHO.

Collectingbrass

2,334 posts

200 months

Saturday 14th October 2023
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SWoll said:
This endless quest for more and more range is far more beneficial to the pockets of the manufacturers than it is to 99.9% of owners IMHO.
I'm not so sure. There are a goodly number of people who will, like me, never realistically be able to charge at home. In that case, going from needing to be somewhere the car can charge every week to every two weeks is a good thing.

TheRainMaker

6,520 posts

247 months

Saturday 14th October 2023
quotequote all
SWoll said:
The use case for someone needing 700 miles of range to a charge is niche to say the least,
But for people who can't charge at home, this would be a major thing to consider.

Risonax

343 posts

21 months

Saturday 14th October 2023
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I suppose technological advances will always hit resale value. If the cars are good enough for your purposes now, and you run cars into the ground, that doesn't matter. If you change car regularly, then the cost of that ownership will be expensive, unless the manufacturers effectively take over the used car market, and those end of PCP cars never see the light of day again, I don't know though if the next round of EVs will be a step change or a small incremental change. If the latter, then todays 2023 EV is still relevant to the market in 3-4 years. I cannot fathom the EV landscape in 2027; is it going to be basically the same cars as now or something, at least under the proverbial bonnet, that is completely different. Didn't see the same with ICE; engines didn't really change all that much.

raspy

1,729 posts

99 months

Saturday 14th October 2023
quotequote all
Frimley111R said:
I was reading in Auotcar about the next Toyota/Lexus models and the battery packs seem to be impressively slim and with their SS batteries around the corner, offering potentially huge ranges (700 miles+), is it a risk to buy now and then see your car technologically superseded by cars with much better/lighter batteries?
Lease, don't buy.

otolith

58,211 posts

209 months

Saturday 14th October 2023
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You're only going to get excessive depreciation on older tech if you're trying to sell it against contemporary directly comparable cars with newer tech. An inferior rival to a new Toyota hatchback bought at the same time is going to suffer. A three year old Model 3 is not going to be impacted by the arrival of a brand new Lexus with fancy batteries.

CABC

5,713 posts

106 months

Saturday 14th October 2023
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the rate of progress isn't flat though. new tech has a period of rapid progress when each year brings massive gains before the curve straightens out. As with smartphones, you had to buy a new one every year as the speed and functionality were compelling. After the iphone4 people were satisfied and upgrading less frequently.

So much is changing in cars right now, from the batteries to infotainment. They all look a bit iPhone3 to me. You can't wait forever, but it's not compelling yet unless you're BIK driven.

tr3a

555 posts

232 months

Saturday 14th October 2023
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Frimley111R said:
with their SS batteries around the corner
Toyota has been fighting the inevitable EV transition tooth & nail for quite a number of years now. They marketed their hybrids like crazy, even employing downright lies like 'self charging'.

Their first 'serious' EV effort, the BZ4X, and its Lexus and Subaru derivatives, is abysmal. Wheels dropped off and it turned out to be expensive, inefficient, low range, and slow charging, with mediocre software. Just a bad EV.

All during that time, Toyota has been desperate to keep consumers from buying competitor's EV's. An important part of that strategy has been their amazing solid state battery tech, which has always been 'right around the corner'. It puts the fear in consumers who are afraid to buy the 'wrong' car, with the 'wrong' battery tech and that is just how Toyota likes it, for as long as they're not seriously competing in the EV market. And your post proves yet again that it's working.

Frimley111R said:
offering potentially huge ranges (700 miles+)
First of all: why would anybody need 700+ miles of range? Do you have a 700 miles bladder?

Secondly, people who have experience running an EV for a while realise that range beyond 300 miles isn't much use. On long distances, the thing that counts is charging speed. Very few people drive more than 250 miles at a stretch, because they want to stretch their legs, have a pee and something to eat. A modern EV doesn't keep them waiting while they're doing that, the car has finished fast charging before they've finished peeing, stretching their legs and having a bite.

Why would you pay for and carry around a yuge battery when you can recharge for another 250 miles in 10-20 minutes while doing other things you would have done anyway?

tamore

7,530 posts

289 months

Saturday 14th October 2023
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in fairness, a 700 mile battery in normal use, probably relates to towing a caravan (for some unknown reason people do this wink )or something else heavy for 200-250 miles. i can see why this would be attractive.

DMZ

1,513 posts

165 months

Saturday 14th October 2023
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Yes

Trevor555

4,488 posts

89 months

Saturday 14th October 2023
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The imminent arrival of cheap Chinese elec cars to the UK will see some price corrections in the market?

No way I'd chuck 50 bags at an electric car now.

I bet same car in 2 years time will be cheaper, and better.

OutInTheShed

8,625 posts

31 months

Saturday 14th October 2023
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Most people won't be put off, because they are leasing or whatever, so don't care what's a couple of years down the road.

Actually buying, what will change the market is not 'better' batteries but cheaper ones.
The prospect of investing £40k in a car only to find you can buy a better new one for £25k after a couple of years might be influencing a lot of people.

I believe BEVs have to get a lot cheaper and shift a lot more units.

Evanivitch

21,460 posts

127 months

Saturday 14th October 2023
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A car could have the latest and greatest Solid State battery and still be a crap Electric Car.

And if anyone is capable of achieving that, it's probably Toyota (maybe VW would do worse...).

tamore

7,530 posts

289 months

Saturday 14th October 2023
quotequote all
fleet buyers are already all in on BEVs. there are going to be 500,000 EVs coming off lease and into the 2nd hand market next year, 600,000 the year after and 800,000 the year ofter that. this is what s going to kickstart private ownership.

TheRainMaker

6,520 posts

247 months

Saturday 14th October 2023
quotequote all
tamore said:
fleet buyers are already all in on BEVs. there are going to be 500,000 EVs coming off lease and into the 2nd hand market next year, 600,000 the year after and 800,000 the year ofter that. this is what s going to kickstart private ownership.
I don't think there will be hehe

Total EV sales in

2020 - 108,000
2021 - 190,000
2022 - 267,000


AKjr

469 posts

16 months

Saturday 14th October 2023
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Nope, I've an electric XC40 twin arriving in January and the real world range that the car will give is sufficient for me - if things are going to only get better from there in terms of efficiency, charging speed and vehicle range, then it's happy days.

tamore

7,530 posts

289 months

Saturday 14th October 2023
quotequote all
TheRainMaker said:
tamore said:
fleet buyers are already all in on BEVs. there are going to be 500,000 EVs coming off lease and into the 2nd hand market next year, 600,000 the year after and 800,000 the year ofter that. this is what s going to kickstart private ownership.
I don't think there will be hehe

Total EV sales in

2020 - 108,000
2021 - 190,000
2022 - 267,000
hmmmm…. maybe it included hybrids. or i've watched something late night after a few!