EV devalues 60% in 3 years
At the end of 2025, a 3-year-old EV at auction held about 40 percent of its original value, according to Cox Automotive. That was down sharply from early 2022, when the average 3-year-old EV retained 90 percent of its value. (BLOOMBERG)
Captive auto lenders could face billions in losses to used EVs - Automotive News
A wave of leasedelectric vehiclesis returning to market with a problem: They’re each worththousands of dollars lessthan expected and could create industry losses in the billions.
