"Residual Value of Chinese Plug-in Hybrids and EVs Takes a Hit in Germany. A shocking decline in residual value has hit Chinese plug-in hybrid and battery-electric vehicles sold in Germany, with a staggering 14 percentage point drop since the start of 2024. This significant decline is particularly concerning for Chinese brands, which had been gaining traction in the European market. In contrast, the residual value of plug-in hybrids and electric vehicles from other manufacturers has only seen a modest 7 percentage point decline, raising questions about the long-term viability of Chinese brands in the European market."
Chinese brand plug-in hybrid and battery-electric vehicles lost nearly 14 percentage points of residual value in Germany since early 2024. The broader PHEV and BEV market declined only seven ...
