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.Full text not available from this repository.
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.
|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
|School / Department / Research Groups:||School of Business|
|Last Modified:||21 May 2012 16:25|
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