Everything Now is well made and well acted, but will feel wholly unoriginal if you've seen other, stronger teen dramas. The premise of ED, getting out of a mental institution and making up for lost time, the plot and style are ripped straight from a show called My Mad Fat Diary. The visuals are ripped from Euphoria. The family story is ripped from My So-Called Life. The sexual dynamic is ripped from Skins.
If you haven't seen any of those other series, this one may grip you. It has more diversity than the aforementioned shows and most of the characters come from a well off background, offering an "aspirational" quality. So there's that.
Every creator takes inspiration from other art, but unfortunately here it feels like blatant plagiarism, as EN doesn't add much of a unique voice or perspective. Apparently it was made by a young nepo baby still finding her footing in TV, which explains a lot. Hopefully with time, the creator and show will find its voice and offer more than a carbon copy.