Look to BYD instead of Tesla if you want to find rapid advancement. Tesla has not been well managed for a few years, BYD recently passed them to become the biggest EV seller

I bought Hyundai, which charges 2x faster than the Tesla

Another thing to consider is the Tesla likely makes up the majority of the used EV inventory, and Tesla has become a toxic brand

I think it's also fair to argue that it's probably more perceived, than actual.

People are obsessed with EV range, and massively concerned that used EV have degraded batteries.

Most likely there are some market inefficiencies here. Good for you, buy a cheap used EV ;)

Also many EVs are still not attractive to price sensitive consumers. And the price insensitive ones, won't buy used EV.

> And 2 years old EV is not twice as bad as current one

The new-vs-used price difference in equipment comes from multiple factors, of which "better features" is one part.

Consider what would happen if you gave someone this choice:

1. Keep your 10-year-old car. (No major upgrades from stock.)

2. Pay $X to trade it for its identical factory-sibling which was made the same day but was stored in a timeless stasis-bubble until today, so that it still has its original new-car smell.

I can't imagine anyone saying: "Well, there are zero new features, so I'll swap them for $0."

P.S.: The issues are even more obvious if the person is choosing between buying someone else's 10-year-old car versus paying an extra premium for the time-warp one, because there's uncertainty about the first vehicle's history and maintenance.

Listen, I'm literally just describing basic market dynamics here - my post is not intended as an endorsement of plainly observable phenomena.

The depreciation/utility curve has always been aggressive no matter what product you're buying. Is a 2 year-old ICE car twice as bad as a new one? Is a 2 year-old TV? Clearly not, yet they are all worth that in the open market.

For EVs the depreciation curve is especially aggressive because of perceived advancements. Are the advancements worth buying new? I dunno! You tell me - but this is clearly being reflected in the market.

From a strict utilitarian standpoint, optimizing your depreciation/utility function should mean you're buying almost every single thing used. But yet lots of people don't do that. Humans are empirically not very good utilitarians!

Range though is only one aspect to take into account when quantifying the "quality".

> If so, why aren't used dealers just including a battery swap in the price?

I think that is the main thing that needs to be figured out. I suspect the problem is that you need to get OEM battery replacements for older model cars and those aren't yet readily available or cheap. We are going to need aftermarket batteries to drive price competition in the market. The current car manufacturers aren't incentivised to support a secondary market when they are still focused on primary sales. Also not in the ICE market there is much more ability to scale capacity. The supply chain constraints for EVs, and batteries are much tighter, though that keeps getting better.

> "What part of EVs is "rapidly advancing technologically"?"

Battery capacity, motor efficiency (getting more range out of the same battery), charging rate (800V architectures for example that let you charge > 150kW), battery chemistry (wider operating temp envelope, affects charging and driving efficiency depending on environment)... the list goes on.

The batteries are also getting cheaper - which is to say for the same $ you're now (generally) getting a larger battery.

> "If so, why aren't used dealers just including a battery swap in the price?"

Because the batteries are in fact not swappable from one gen to the next, because the power electronics around them are different, peak current draw is different (and that depends on the motor it's mated with!).

Like I know it's tempting and attractive to imagine EVs like regular cars with some giant-ass AA batteries installed on them, but that's not how they work! The battery is specced as a unit with the entire electrical system and drive motor options!

Batteries need to be split into several replaceable modules, so the entire car isn't a write-off if there's a fault or damage affecting the battery

Ideally, these battery modules would be standardised and used across a wide range of vehicles.