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The second hand market for EVs has the problem that the price for a car will never be below the value of the battery. So unless battery technology significantl
by constantcrying 3y ago
The second hand market for EVs has the problem that the price for a car will never be below the value of the battery.
So unless battery technology significantly improves the cost per performance ratio usable used EVs won't fall below a certain price point.
China is making EVs for ridiculous low prices, which is mainly due to the dramatic race to bankrupt the competition, before you yourself go bankrupt, that is happening on the Chinese domestic market.