✉news LifeAutos first seen 7 d ago, last 6 d ago, peak #2
Electric vehicles defying expectations on resale value in Australia
Original: EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living
Electric vehicles in Australia are retaining their value better than predicted, contrary to the common belief that EVs depreciate quickly. The Guardian reports this trend is closely tied to the country's cost of living pressures, with the high cost of petrol making used electric cars more attractive to budget-conscious buyers. The finding challenges assumptions that buyers remain wary of second-hand EVs due to battery concerns.
Why now: It counters widespread assumptions that EVs depreciate rapidly, and high living costs are a pressing concern for Australian consumers right now.
Australiaelectric vehiclesThe Guardian
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Evidence
- EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living · The Guardian
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