Mmastodon LifeAutos first seen 14 h ago, last 43 min ago, peak #9
EV depreciation fears overblown, real gap just 2.6%
Original: EV depreciation fears are overblown. The real gap is just 2.6%, not 12.9%, once subsidies, taxes & falling new EV prices
A new analysis argues that fears about electric vehicles losing value far faster than petrol cars are misplaced. Once purchase subsidies, taxes and falling prices of new EVs are factored in, the true depreciation gap between electric and combustion cars is 2.6%, not the headline 12.9%. With used EV demand growing and running costs low, the argument goes, the market narrative around EVs could soon flip.
Why now: Consumers and industry watchers are closely debating EV resale values as adoption grows and new EV prices keep falling.
electric vehiclesinternal combustion engine carsused car market
Evidence
- EV depreciation fears are overblown. The real gap is just 2.6%, not 12.9%, once subsidies, taxes & falling new EV prices are adjusted for. As used #EV demand grows & running costs stay low, ICE faces rising pressure. The narrative is about to flip, and disruption is moving into… · evcurvefuturist.com@bsky.brid.gy · 3
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