This is based on my experience with the Sony A7S III specifically, but I assume it should apply to other mirrorless cameras. The EVF will try to show the preview image at as close in brightness to your camera settings as possible, but at in real-time up to the maximum native ISO. For example, if the camera is set to 1" @ iso 1600, then the live view will be as bright as if the image was taken at 1" @ iso 1600, but in real-time and a much higher ISO (base on trial and error, the preview brightness tops out at the equivalent of 1/60" @ iso 1024000.)
For comparison, using a lens at 600mm f/6.3, with the camera set to 1" @ iso 1600, you can clearly see and manually focus on Jupiter and its four larger satellites; they look like one big white dot with four little dots. Comet Leonard also shows up as a white dot at this setting (but I wasn't able to really tell what it actually looked like until I took the shot.)
I would definitely say the EVF performs better than an OVF, especially b/c when you start manual focusing, the live view can be magnified by up to 10x.
Regarding loss of night vision, I didn't find that to be a problem (just turn down the EVF brightness.)... you aren't really going to be looking thru the EVF once you start recording anyways.
Hope this helps.