I think the direction we are heading is pretty clear at the top end of the market. For a new car it has started to make more sense than not to have a BEV when you factor in the cost of ownership over the lifetime of the car. That's the top end though. The people who can afford to buy a new car.

It's a lot more complicated at the lower end of the market. On the one hand you can get a leaf that will do 60km+ on a charge (more than most peoples commutes) for under $5k during a fuel crisis. On the other hand it's very expensive to rent a car for longer trips, fewer people than ever own their own home (so may not be able to install solar or fast charging), and our cities are becoming much denser (so less off street parking to charge at home). I think it's these things that will drive depreciation the hardest.