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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. One concern many Tesla owners have shared online following the series of price cuts implemented by Tesla is that their vehicles would, in turn, dramatically depreciate.

Price 107
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Rivian grades chargers, China's battery problem, EV ownership cost: Today’s Car News

Green Car Reports

And despite depreciation woes, many EVs still pay back big over five years of ownership. China is making too many EV batteries. Rivian is applying real-world letter grades to EV fast-chargers for smoother route planning. This and more, here at Green Car Reports. Rivian has announced that it’s rating EV fast-chargers for real-world.

China 103
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Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

In January, it said it would get rid of 20,000 units after it felt $245 million of incremental net depreciation on the value of its EV fleet. Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. The losses continued in Q1. 119 of the $339 was related to EVs held for sale.

Fleet 143
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Used EV depreciation: Do long-range models hold more value?

Green Car Reports

Used EV prices are dropping, but long-range models appear to be holding their value better, according to Automotive News. As analysts try to fit used-car value metrics to the growing population of used EVs, J.D.

Range 156
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Electric-car depreciation, charge-network roaming, EV market "reckoning": Today's Car News

Green Car Reports

Depreciation remains dire for most electric vehicles. ChargePoint and Electrify America have simplified access to charging locations, thanks to a new roaming. A roaming agreement between two of the big charging networks will ease the way. And is the electric-vehicle market due for a "reckoning" in the U.S.?

Market 77
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Tesla sales, VW chargers, coal pollution, used electric values: Today's Car News

Green Car Reports

For the first time dramatic depreciation on electric cars has begun to reverse. Volkswagen has developed a mobile juice pack for electric cars. The EPA continues to roll back regulations on coal plants to allow them to emit more pollution. And we ask what our readers what effect they think.

Coal 117
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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

Global 52