Tag: depreciation
Sales Of Used EVs Surge In US
Let’s face it. At the beginning of the EV revolution, electric cars were just too damn expensive. A Tesla Model Y cost $66,000 at one point, as the company leveraged strong demand to increase prices. In 2012, the Chevy Volt cost more than $40,000. Even though it was a decent … [continued]
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What Is The Situation With Residual Values In Europe?
Understanding how Residual Values have evolved and what has driven the change over the last years. What is happening to EV depreciation? At first sight, BEVs appear to retain lower residual values than other powertrains. However, the analysis shows that this headline gap is partly driven by temporary market dynamics, … [continued]
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Second-Hand EVs Retain Their Value Better Than Industry Claims — New Study
Depreciation estimates impact leasing and financing deals, leaving EVs often overpriced. Accurate estimates should make leasing companies, carmakers and governments accelerate the EV shift, says T&E. Electric cars are retaining their value better than the leasing industry claims, new T&E analysis shows. This has major implications for potential buyers and … [continued]
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Aberdeen Paid £556k Per Hydrogen Bus. Five Years Later, First Bus Is Paying £30k
Aberdeen’s hydrogen double-deckers have finally produced a useful market price, and it is more revealing than another theoretical argument about fuel-cell efficiency, hydrogen costs or refuelling infrastructure. First Bus is set to buy 23 Wrightbus StreetDeck Hydroliners for £30,000 each. Aberdeen City Council originally spent about £13.9 million on the … [continued]
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Leapmotor B10 — Why We Purchased It
Making the decision to buy a new electric car can be a difficult decision. So, when I met the new owners of a Leapmotor B10 last month, I had to ask how they were about to handle the major changes of going from a long life with petrol to not … [continued]
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