The industry's pain is your gain with the first electric car under $30,000.
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Alarm bells are ringing on both sides of the Atlantic over the free fall of used EV prices. Studies indicate these are up to 40% lower than a comparable gasoline car. Facing surging pressure on their profits, some leasing companies are threatening to exit EV adoption and return to the drivelines that keep their business profitable. In Europe, the low resale values of electric vehicles (EVs) have prompted leasing companies to double prices over the last three years, with some warning to exit the market if the shift to electric cars isn’t leveled on the second-hand car market. Continue reading at newmobility.news.
The industry's pain is your gain with the first electric car under $30,000.
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