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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 argues that the real economic contest between electric and gasoline cars in Saudi Arabia hinges less on battery performance or charging costs than on how quickly vehicles lose value. Resale prices for electric models in the Kingdom remain uncertain, and steep depreciation can erase fuel savings, making resale value the decisive factor for buyers weighing EVs against combustion cars.

Why now: Saudi Arabia is pushing EV adoption amid uncertain resale values, so buyers and industry watchers are debating the true cost of ownership.

Saudi Arabiaelectric vehicles

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Evidence

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

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