> Why do you think there will be a lower value depreciation for a Chinese EV than a Toyota? Because it's cheaper to buy and cheaper to drive. Let's start with

> Why do you think there will be a lower value depreciation for a Chinese EV than a Toyota? Because it's cheaper to buy and cheaper to drive. Let's start with your example (12 years, 130K miles, 50% depreciation). Let's assume that the EV depreciates much more (80%): Corolla value depreciation = $11K BYD Value depreciation: $12K From a purely financial perspective, it doesn't mean to invest $22K instead of $15K for a $1K gain after 12 years. Now the calculation above does not take the energy costs into account [1]: Petrol cost @ 130K miles = $20K Electric cost @ 130K miles = $4.5K [1] https://avt.inl.gov/sites/default/files/pdf/fsev/costs.pdf https://avt.inl.gov/sites/default/files/pdf/fsev/costs.pdf