I was originally worried about depreciation when I bought my EV six years ago, because I feared 5 years later all the cars on offer would have 500mi range and charge in half the time.

I realized I generally hold my vehicles for life, (because it's the most cost effective thing you can do), and it really doesn't make any difference what happens as long as I'm happy with the features at the point I bought them. If you don't want to hold onto a vehicle for life, you should strongly be considering used or lease.

Another thing to note is that EV depreciation is being wildly exaggerated. The resale value of my EV is right in line with other comparable ICEs (actually better, depending on the comparison). Most of the misleading reporting uses data from the COVID era where vehicle pricing was wildly whack. At that time I could sell my 3 year old car for more than I paid new - something I had never seen in my lifetime and suspect I will never see again.