A naukri.com initiative
Motor1
1M
425
Image Credit: Motor1
Study: Used EV Prices Are Cratering
- The average price for a used electric vehicle has dropped by 15.1% compared to last year.
- The Porsche Taycan has seen a significant 26.5% drop in price, leading the decline among EVs.
- Among EV brands, Tesla has experienced the largest year-over-year drop in average price, with a decrease of 13.6%.
- Values for used hybrids and gasoline-powered cars have remained steady, largely due to potential tariffs.
Read Full Article
25 Likes
For uninterrupted reading, download the app