EV Depreciation Is Still Brutal. But Hybrids Should Give Us Hope
The average five-year-old EV has lost 57.2% of its value, new data from iSeeCars shows. That means they depreciate far faster than the industry average—41.8% over five years. Hybrids used to depreciate faster than the market, but are now the slowest-depreciating powertrain type. That shows that this condition probably won’t affect EVs in the long-term. Depreciation […]
EV Sales In Europe Are On Track For A Fantastic Year. Here Are The Winners And Losers
Electric cars and plug-in hybrids are about to end 2025 with a bang in Europe. EV sales increased by over 27% from January through November, reaching nearly 2.3 million units. The Tesla Model 3 was the best-selling EV in Europe in November. Electric car sales might not be too rosy in the United States right […]