...one out of every three Germans who buy an E-car...will ease out of the E-car in 3 to 4 years....going back to a gas/diesel vehicle.
+++++++
“There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves.” — Will Rogers
The krauts and so many others must pee on the fence for themselves. I find it very amusing. I see it in my neighborhood. BMW electric SUV is now gone and replaced by a gas VW SUV. They had the BMW for about a year. Must have taken a beating on the trade-in value.
I suspect very few people are actually buying these electric vehicles, and most of them are leasing the vehicles and have no concern about the residual value after the lease ends.
Funny you bring up trade-in value/equity. That was mentioned in German business news today. E-car equity is suffering, but they include Chinese E-cars sold in-country within the numbers.
When I was asking questions (4 years ago) with the dealers...what bothered me the most was the value of a 4-year old E-car...in terms of batteries. You’d have to take a older car...swap-out batteries, to get your max value. So I saw this as a problem...you’d have to spend a fair amount of money on a 4-year old car...to retrain value for re-selling.
My brother-in-law and his wife had an electric Volvo. She totaled it in what would have been a minor fender bender for a gas vehicle. Actually it was a minor fender bender for the other car which was a gas vehicle. Looking at the pictures I am truly surprised that she was not seriously injured. But God protects fools and idiots apparently. They went out and bought the same car again within a week.