A new study challenges automotive industry assertions by revealing that electric vehicles (EVs) hold onto their resale value more effectively than previously suggested. Research indicates that second-hand EVs depreciate at a slower rate compared to conventional estimates, contradicting long-standing assumptions about their financial viability over time. The findings could reshape perceptions of EV ownership costs and influence consumer decisions in the used car market. Full details on the study’s methodology and implications are available in the report from transportenvironment.org.
Second-hand EVs retain their value better than industry claims, study transportenvironment.org
