4 Comments
Feb 21, 2023Liked by The Fast Charge

I think it is more likely that second hand EV prices have fallen in response to Tesla's price drop and increased supply. A significant proportion of used EVs are Teslas and when the new price drops by over 10% that immediately means used prices have to drop by that much. Long waiting times also meant nearly new used cars were more expensive than new, which was never going to last. Put the two together and the 9% fall is entirely reasonable.

Expand full comment

I wouldn't read too much into VW's efficiency gains. Motors are already 90% efficient or more, so a 20% improvement is really at most a 2% improvement with added marketing. Nice to have but nothing to get excited about.

Expand full comment
author

I wondered if by 20% they meant the range rather than the motor itself, perhaps I've confused what they meant tho?

Expand full comment

Changes to the drive can only improve range by a few percent unless they had massive issues. It may be they are referring to winter range where they have had issues with the air con fighting the heat pump and consuming vast amounts of power to no effect.

Expand full comment