EVs depend on batteries that must be replaced. This has crushed their resale value.
The truth about battery-powered devices (EVs) is finally being emitted. One of these truths — styled a “hurdle for EV adoption” — is the plummeting resale value of these devices.
How much — and how fast?
How about more than 30 percent in just one year? That’s about five times as much loss in over 12 months as you’d typically lose (about 10 percent) if you bought a vehicle rather than a device. It’s a loss that is actually fast — as opposed to how long it takes to charge a device.
