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[US Treasury Secretary] Bessent Makes Tone Deaf Claim Canadians Want to be American
(www.thedailybeast.com)
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this post was submitted on 23 Jan 2026
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There is a lot of misinformation on EVs out there.
Current generation EV batteries are likely good for 500,000 km or more.
But yes, battery tech is improving including some likely big price drops in the medium term. Sodium Ion is going to be a massive leap forward.
But even current EV battery packs do not cost anything close to the price of a new electric car. Replacing the battery packs and getting another 10 years out of a car is already worth it.
The biggest issue is that the tech is improving and prices are dropping. So, you will not want your old car.
Better to lease for the next few years while things mature.