In the article “Electric Cars Help the Climate. But Are They Good Value?” The New York Times detailed what might make an electric vehicle a worthwhile investment, emphasizing the role individual driving habits play in determining this. The author interviewed assistant professor John Helveston for his insights on EV resale value.
Here is an excerpt from the article: “Newer models with longer-range batteries have held their value pretty well, according to John Helveston, an assistant professor at George Washington University who has studied the market for used electric vehicles. Depreciation rates are ‘moving in the direction of convergence’ with gasoline vehicles, he said, ‘but we’re not there yet.’”
Read the full article in The New York Times.