
2023 may not the year to buy an EV, but it’s definitely too late to buy a new ICEV!
While there are still valid reasons to hesitate before buying an EV in 2023, it’s definitely late to buy a new ICE vehicle and a better time to instead plan a combustion engine exit.
Considering the trend from where EVs were 5 years ago to today, and then projecting EV sales growth over the next 5 years, and it seems almost certain almost all ICEVs of today are an obsolescence risk.
While this does not mean everyone should rush out and buy an EV, it is an opportunity to prepare for an aspect of the future that may catch some unawares.