I’m currently waiting because BYD is expected to release a major update this year regarding their battery technology. They’ve already announced the 1000V platform, but they’re also expected to introduce new battery tech for regular EVs soon. On top of that, I already have two relatively new cars. I’m planning to replace one of them with an EV, but there’s no real rush.
In my opinion, it’s not just about price cuts.
Of course, early buyers have lost out in some ways, but even buying an EV now could be risky. In 2–3 years (not 10), I believe we’ll see fast charging above 300kW becoming much more common, and most cars will have significantly higher range.
So buying a car today with a 60kWh battery and slow charging might feel like a good deal now, but I think it could lose its market appeal very quickly maybe still resellable, but for very little. Because new technologies will be so much better, and even if we don’t really need them, they will still strongly impact perceived value and demand.
By the way, which EV did you end up choosing?