When creating a cost analysis for EVs, many more variables — including non-vehicle-related expenses — must be considered. How do they stack up to ICE vehicles then?
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Figures for May 2024 point to a wave of commercial EVs moving into remarketing channels while a rise in EVs coming into the used market lowers resale values.
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The transition to EVs is not a matter of if, but a matter of when, and the industry must pay attention to the impacts of the potentially imminent and rapid transition from ICE vehicles to EVs.
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Co-Founder of MOTEV, Robert Gaskill, joins The Off-Peak to discuss the lessons he's learned as an early EV adopter in running an all-electric fleet.
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The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
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Current sales of electric vehicles are largely driven by incentives, and while incentives help move the metal on the new-vehicle front, they have a negative effect when it comes to residual values.
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