That Autocar article is over 12 months old and at a time when there was a significant correction in used car values as a whole. Again, not an EV specific occurrence.
That Autocar article is over 12 months old and at a time when there was a significant correction in used car values as a whole. Again, not an EV specific occurrence.
So it is, I hadn't noticed the 3 instead of 4. Here's one from last month:
https://www.autocar.co.uk/car-news/b...king-ev-values
"The crumbling values of electric cars pushed rental company Hertz to a loss last quarter, caused the collapse of UK EV provider Onto in September and dented the 2023 bottom line of one Europe’s largest leasing companies after it made a loss on EV disposals.
Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell.
Those car companies are now torn. They either boost demand for pricier EVs by slashing prices, which would shred used values. Or they shore up those values by holding firm on pricing, losing them customers."
"A man of little significance"
Ooof, What Car? this month did a feature on the fastest depreciating cars and in first place, the Mokka EV retained 27.9% of its value over three years, the DS E-Tense EV retains 28.5%, in third the Corsa Electric is on 30.2%, fourth the Leaf is on 30.5% and the Zoe is fifth on 30.6%.
"A man of little significance"