EV’s are cheaper to operate than a gas car, but their resale values are horrible. It’s a mix of factors – incentives, changing tech and limited appeal. It’s a problem for EV adoption, especially as automakers try to attract more mainstream buyers. Here’s why they can be more expensive to own than a gas car, and why that might change.
Chapters:
00:00 Introduction
00:52 Chapter 1: The data
03:06 Chapter 2: Incentives
04:23 Chapter 3: Evolving technology
05:34 Chapter 4: Limited Appeal
07:42 Chapter 5: The future
Producer: Robert Ferris
Editor: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, Hyundai, Rivian, BMW, Polestar, Ford
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Why EVs Depreciate Faster Than Gas Cars
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