Mr. Mercedes
Premium
I think any EV will face significant headwinds compared to ICE models becuase of the lack of any meaningful resale value. Depreciation, I reason, hits EVs much harder due to the much higher obsolescence rate of the powertrain technology. Think, for example, the leap even Taycan took in range in the facelift, let along the leap AMG GT EV will have compared to an EQS. Who will pay for an EQS at 55 to 65 percent of its price two or three years from original on-service date (such as a used vehicle coming off lease)?! I’d need a heck of a price incentive to plunk for a used Taycan, especially not knowing what the long-term reliability or operability is for an EV. I mean, will I experience 50 percent of the original range or 10 percent? If EV batteries go same as phone batteries, I’d expect the latter, which makes EVs highly disposable (not durable) consumer goods. That is not good at mid five USD figures.
Agreed.
Jaguars EV only strategy could be a disaster in the making.