Chinese cars depreciate in residual value twice as fast as European vehicles. For electric cars, that decline is even sharper. This conclusion comes from the German automotive data collector DAT, which investigates and determines the residual value of used cars. Anyone buying a Chinese electric car today often gets a lot of car for their money: large screens, plenty of power, generous standard equipment, and competitive prices. However, the prob…
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Chinese cars depreciate in residual value twice as fast as European vehicles. For electric cars, that decline is even sharper. This conclusion comes from the German automotive data collector DAT, which investigates and determines the residual value of used cars. Anyone buying a Chinese electric car today often gets a lot of car for their money: large screens, plenty of power, generous standard equipment, and competitive prices. However, the prob…