SPQ Chart, page-894

Stujay,

California, nz and Canberra here have stated new petrol car sales from 2035 banned, second hand not.

what will happen from 2035, people that can afford new EV will purchase, those that can not will buy a 2nd hand EV or petrol.

Based on 6.6m new EV sold last year and 2035 being 13 years away.

Will give a pool of 90m EV available in the second hand market outside growth when bans kick in.

If we look at 5% PA, there will be 200m EV cars.

I see no issues in picking up the tech as a 10 year old EV when supply exists will be comparitive to a second hand petrol car today.

As EVs replace petrol cars, auto makers will cease production of petrol, the EV will drop in price as units rise from sub 10m PA, to around 100m pa.

There only high priced now due to low production volumes.

To run them, there will be a charging station, minimum of 50km spaced by then and home charging.

There will be no difference, you'll plug in power and probably pay $5 for X charge.

If we look at solar panels 13 years ago, efficiency was around 9%, today 15%. 13 years away 30%.

So the shift, will see us paying less for transport, with a much better travel experience.