Nearly-new EVs lose over half their value amid surge in discounts

Electric vehicles (EVs) less than two years old are now retaining just 47% of their original value, a dramatic fall from the 83% seen in 2022, according to new data from Cox Automotive.

May 29, 2025 - 12:05
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Nearly-new EVs lose over half their value amid surge in discounts
Electric vehicles (EVs) less than two years old are now retaining just 47% of their original value, a dramatic fall from the 83% seen in 2022, according to new data from Cox Automotive.