Falling Resale Prices Put European EV Leasing at Risk

August 19, 2024 13:35:00

The recent fall in secondhand electric vehicle prices may be a boon for drivers looking for affordable EVs, but it doesn’t bode well for Europe’s fledgling electric-vehicle leasing market. According to new European car registrations, around 60% of all new cars on the continent (both EVs and fossil fuel cars) are leased rather than bought.

With many European nations taking major steps to boost electric-vehicle adoption, the share of leasing revenue generated by…

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