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Sudden death fears that haunt EV used values

Sudden death fears that haunt EV used values

Wynn-Williams, Michael (2011) Sudden death fears that haunt EV used values. Automotive Management. pp. 24-27.

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Abstract

After many false dawns, it is beginning to seem that the sun is at last rising on the electric vehicle (EV) market. We are being assured by the industry that EVs will become affordable and convenient within a few years. Their calculations, though, have so far ignored one vital piece of information: what will the depreciation rates look like as these wunderkind descend into the used vehicle market? As all car manufacturers know, depreciation is the silent killer that can decimate the most positive of cost projections.

A pilot study at the University of Greenwich has set out to provide a forecast of EV values in the used market. First indications are of a depressing rate of value destruction over the years. Most alarmingly, beyond a certain age demand may be almost non-existent.

Item Type: Article
Uncontrolled Keywords: EV, electric car, residual value, depreciation, used car
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HE Transportation and Communications
H Social Sciences > HF Commerce
Pre-2014 Departments: School of Business
Related URLs:
Last Modified: 14 Oct 2016 09:20
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/7962

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