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I got forwarded this article https://www.autocar.co.uk/car-news/new-cars/toyota-and-lexus-shock-reveal-15-new-electric-cars

Does anyone have some better information. I might be postponing a new acquisition for this.
But it might not be worth the wait.

The viability of electric vehicles for an individual depends on two issues.

1) Is the range of said vehicle sufficient for your use? If it's a second vehcile, then long-range travel becomes less important, but you'll at least need the range for your daily commute.

2) How common are recharging stations in the areas you frequent? Are there any mechanics around who can service said vehicles in those areas? Electric vehicle infrastructure is nowhere NEAR as developed as petroleum-fueled vehicle infrastructure.

 Vulcan wrote:
The viability of electric vehicles for an individual depends on two issues.

1) Is the range of said vehicle sufficient for your use? If it's a second vehcile, then long-range travel becomes less important, but you'll at least need the range for your daily commute.

2) How common are recharging stations in the areas you frequent? Are there any mechanics around who can service said vehicles in those areas? Electric vehicle infrastructure is nowhere NEAR as developed as petroleum-fueled vehicle infrastructure.

neither is an issue, and gas prices are higher then in the US.
My decision is only between current EV and future EVs.

 Manchild 1984 wrote:


neither is an issue, and gas prices are higher then in the US.
My decision is only between current EV and future EVs.

Ah. I misunderstood.

That's the fun part about investing in new and rapidly developing technology. There's almost always a 'new and significantly improved' version coming along in the next year or so. So the decision becomes more 'will my current vehicle last until this new bit of vehicle technology is ready?' than 'is it worth the wait?' We won't know for sure whether it's worth the wait until the new tech is ready until the new tech has been around a few years and proven it's worth.

So many technologies have fallen by the wayside over the years, when they failed to live up to our expectations...

 Manchild 1984 wrote:

 Vulcan wrote:
The viability of electric vehicles for an individual depends on two issues.

1) Is the range of said vehicle sufficient for your use? If it's a second vehcile, then long-range travel becomes less important, but you'll at least need the range for your daily commute.

2) How common are recharging stations in the areas you frequent? Are there any mechanics around who can service said vehicles in those areas? Electric vehicle infrastructure is nowhere NEAR as developed as petroleum-fueled vehicle infrastructure.

neither is an issue, and gas prices are higher then in the US.
My decision is only between current EV and future EVs.

The thing to remember with new, advancing technology is there will always be a better model just around the corner. Unlike with regular ICE cars, where you can be pretty confident you're getting something similar now to what will be available in a couple of years and what was available 2 years ago, EVs will change a lot in that time.

If you're looking for a new car and you've decided an EV is right for you I'd only advise waiting if it's for a concrete product that will definitely be delivered when you need it that has clear advantages over what's available now. Otherwise, go with the best you can afford now and reconcile yourself with the fact your car will likely be outperformed by the newer models over its lifespan and when you come to trade it in. That's what I had to do 2 years ago when I bought a new Leaf. It had pretty decent range for an EV at the time but now it's outclassed by almost everything else on the market. That's fine by me - I've already saved huge money on fuel over that time.

We were tempted to wait for the next range of EV models but we realised we'd constantly be waiting and the Leaf had everything we needed right now, so that's what we went for.

If you need it now, never wait. I could wait.

Economists have a solution to the waiting puzzle called Net Present Value or something.

So If I have 40'000£ I could compare approx. benefits (say 10% of tag price)

Current EV annual benefits: 4'000/(1+interest)^0 + 4'000/(1+interest)^1 + ... + 4'000/(1+interest)^n = 4'000/interest

Wait 2 years(my guess):
10%*40'000 *(1+interest)^2*(techngology improvement for same nominal cash) = 5'000 ish
so maybe 0/(1+interest)^0 + 0/(1+interest)^1 + 5'000/(1+interest)^2 + ... + 5'000/(1+interest)^n = 5'000/interest - 5'000/(1+interest)^0 - 5'000/(1+interest)^1

hmm

I'm generally against buying the v1 of a product. EVs are a maturing technology but there are going to be headaches and issues, I'd wait for the 3rd or so version of an EV before buying.

Meanwhile I found out that Tesla will only make the Y performance for a couple of years.

Y Performance is too much for my needs.