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Depreciation, Not Batteries, Decides EVs' Edge in Saudi Arabia

Original: Depreciation, Not Batteries, Decides Whether EVs Beat Gas Cars in Saudi Arabia

New analysis from Saudi Arabia argues that the real determinant of whether electric vehicles are cheaper to own than petrol cars is depreciation, not battery performance or charging costs. Rapid resale value loss on EVs can erase savings from lower fuel and maintenance expenses, meaning purchase price and residual values matter more than battery technology in the Saudi market.

Why now: It challenges the common assumption that battery costs and running costs decide EV economics, offering a fresh angle on EV adoption in a major oil-producing country.

Saudi Arabiaelectric vehicles

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• Depreciation, Not Batteries, Decides Whether EVs Beat Gas Cars in Saudi Arabia · Bioengineer.org

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