The Journal Nature published a study revealing that of the folks who were early adopters of EVs in California (between 2012 and 2018), 20% of PHEV drivers have returned to fully gas-powered vehicles and 18% of full EV drivers returned to gas-powered–with their subsequent vehicle purchase.
The Prices of Used Electric Cars are Freefalling
Used vehicle prices have been sky-high for years. But in recent months, there’s finally a bit of relief. And what’s more, the values of certain used EVs–such as used Teslas–are in freefall. Does this mean the electric vehicle’s honeymoon is over? Are early EV adopters selling for a reason? Or are we seeing supply and demand finally even out?
h/t DS and Mauser
