Comment by SideburnsOfDoom

> For this to happen the EVs depreciation needs to drastically improve compared to ICE.

Define "improve" ?

One way for "ICE cars completely become a thing of the past" is for there to be lots of cheap, reliable, second-hand EVs. If you can buy a good used EV for less then yes, a barrier to quitting ICE cars has been removed.

That's an improvement. The car doesn't have to be an asset, it could be more like a utility.

EV depreciation seems to be driven by

1) rapidly advancing state of the art, which should eventually stabilise and

2) Fears of battery lifespan, which in current vehicles is largely unfounded

https://www.wired.com/story/electric-cars-could-last-much-lo...

https://insideevs.com/news/763231/ev-battery-degradation-lif...