Electric car batteries are made to last at least 7 years (from a warranty standpoint) but in reality it’s more like 10. Not only that but they’re not single, gigantic objects. They’re made of lots of “cells” so if one of them is going bad you can replace just that one bad cell.

Sincere question, what happens with the second hand electric vehicle market? New electrics make a ton of sense, but in my mind the 'used car' market becomes essentially unobtainable for poor folk. If a 12 year old electric vehicle hits the market, eventually the second or third owner is going to have to replace the batteries and poor people can't afford the 5000 plus labor to get new cells for it.

This isn't a situation that affects me, at the moment, but there are millions of people around the globe who buy the $1000 car and drive it until it just doesn't go anymore. I don't see that being an option for electrics.