And the batteries dies fast!-----Why EVs lose value faster than gas cars and why that could be changing

Why EVs lose value faster than gas cars and why that could be changing - Robert Ferris@in/robert-ferris-a482061/@RobertoFerris
Why EV’s have worse depreciation rates - Key Points

• The used EV market is about to see an inevitable explosion of product...

It varies by model, but in general EVs depreciate by 13% more over a five-year period than the overall market, and some plummet in value even more rapidly, according to iSeeCars, which tracks the used car market...

• There is also the rapidly changing pace of technology. The maximum available EV range for example has more than doubled in the last decade, and the median range has tripled, according to the U.S. Department of Energy...