- Joined
- Jun 24, 2008
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- 48,558
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- London
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- 2022 Hyundai IONIQ 5 RWD / 2016 Suzuki Vitara AWD
People will also be buying EVs from much smaller companies though, some of which are not much more than startups. The chance of all of them surviving the next 10 years is probably zero. Do you know how financially sound the various Chinese companies selling EVs into the UK are - MG, BYD, GWM, Xpeng, Omoda etc? We've already seen Polestar in trouble, and they had pretty solid backing. BMW, Mercedes and VW aren't doing particularly well at the moment either!
The other issue as technology advances is whether batteries will actually be available for warranty repairs on 8 year old models. We've already seen some issues with new cars from major manufacturers - we don't know how this one ended, but after 3 months MB still hadn't been able to fix an EQC that had only covered 1000 miles:
So, back in April I took the plunge and leased a pre registered EQC 400 AMG Line Edition through MB Finance. We chose to lease rather than buy with the uncertainty of the EV project and felt the lease enables me to test the water so to speak. Well, the EQC was a genuine WOW moment and the nighttime charging at 7.5 ppkwh makes the 400BHP monster cheap as chips to run. After around 3 weeks and 1000 miles my wife received a text message from MB saying there was a high voltage battery fault. Strange as we’d used the car the day before and the display showed around 60% battery charge and we...
- Atrueguy
- Replies: 23
- Forum: Electric Mercedes models
Sure, some people will have bought Fiskers, and before that Marcus, and Bristols.... but these are fringe manufacturers. How many EVs will companies that "are not much more than startups" actually make in total? Even if they all went bust at the same time, it will hardly leave a dent in the market.
In short, the argument that people should be warry of buying EVs because EV makers might go bust and leave customers without a warranty is pretty much baseless... or to be precise, it's just another very low-probability theoretical risk.
As others said - anyone who hasn't warmed up to the idea, should simply not buy an EV... ICE cars will be with us for a long time. And, especially those who like driving older cars will have bo issue whatsoever with driving ICE card for the foreseeable future.